RBC to redeem CAD 1.75 billion of subordinated notes on Nov. 3, 2026 - RY News | RalliesRBC to redeem CAD 1.75 billion of subordinated notes on Nov. 3, 2026
R
RY• RBC announces redemption of subordinated debentures
- RBC plans to redeem all outstanding 2.14% NVCC subordinated debentures due Nov. 3, 2031 on Nov. 3, 2026.
- Redemption price set at 100% of principal, with accrued interest payable up to the redemption date.
- Outstanding principal totals CAD 1.75 billion.
- Redemption to be funded from RBC’s equity.
•
