• Royal Bank of Canada priced USD 1 billion of senior unsecured fixed-rate/floating-rate notes due November 5, 2030.
• The notes pay 5.42% annually until November 5, 2029, then reset quarterly at USD Compounded SOFR Index Rate plus 86.8 basis points.
• Priced at 100% of principal, the offering will generate USD 998.5 million in proceeds before expenses.
• Settlement is expected November 5, 2026; the bank may redeem the entire issue at par on November 5, 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBC - Royal Bank of Canada published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.