RBC Issues Corporate Bond RY5625991 with 5.55% Face Value
The Royal Bank of Canada (RBC) has issued a bond called RY5625991, a corporate bond with a face value of 5.55% and a maturity date of July 31, 2030.
As per the TradingView website, this bond is listed on the FINRA exchange under the symbol 'FINRA:RY5625991'. The issuer rating for RY5625991 is AAA from Standard & Poor's (S&P), as shown in the S&P ratings data provided by the source.
The credit risk assessment shows that the bond has a seniority level of 'Senior' and is unsecured, with no inflation protection. The use of proceeds is not available for this bond. According to the source, the issuer rating from Fitch Ratings is also AAA, but with a negative outlook in some instances.
The agents involved in this bond issue include RBC Capital Markets, LLC as the calculation agent and underwriter, and Ashurst LLP as the legal advisor to the issuing entities and tax counsel. Norton Rose Fulbright Canada LLP is also listed as the legal advisor to the issuing entities.