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RNS Number : 9502U RBC Europe Limited 28 January 2025
28(th) January 2025
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
RY EUR 5yr Covered
Pre-Stabilisation Period Announcement
RBC Europe Limited (Syndicate Desk; telephone: 0207 029 7161) hereby gives
notice that as Stabilising Coordinator, the Stabilisation Manager(s) named
below may stabilise the offer of the following securities in accordance with
Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse
Regulation (EU/596/2014).)
The securities:
Issuer: ROYAL BANK OF CANADA
Guarantor (if any) RBC Covered Bond Guarantor Limited Partnership
Aggregate nominal amount: TBC
Description: RY EUR 5YR Covered
Offer price: TBC
Other offer terms TBC
Stabilisation:
Stabilisation Manager(s): RBC Europe Limited
ABN AMRO Bank N.V.
Crédit Agricole Corporate and Investment Bank
Erste Group Bank AG
Landesbank Hessen-Thüringen Girozentrale
Landesbank Baden-Württemberg
Natixis
Société Générale
Stabilisation period expected to start on: 28(th) January 2025
Stabilisation period expected to end no later than: For maximum of 30 days after the proposed issue date of the securities
Existence, maximum size and conditions of use of over-allotment facility: The Stabilisation Manager(s) may over‑allot the securities to the extent
permitted in accordance with applicable law.
Stabilisation Trading Venue(s): Over the Counter
In connection with the offer of the above securities, the Stabilisation
Manager(s) may over-allot the securities or effect transactions with a view to
supporting the market price of the securities at a level higher than that
which might otherwise prevail. However, stabilisation may not necessarily
occur and any stabilisation action, if begun, may cease at any time. Any
stabilisation action or over‑allotment shall be conducted in accordance with
all applicable laws and rules.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.
In addition, if and to the extent that this announcement is communicated in,
or the offer of the securities to which it relates is made in, the UK or any
EEA Member State before the publication of a prospectus in relation to the
securities which has been approved by the competent authority in the UK or
that Member State in accordance with Regulation (EU) 2017/1129 (the
"Prospectus Regulation") (or which has been approved by a competent
authority in another Member State and notified to the competent authority in
the UK or that Member State in accordance with the Prospectus Regulation),
this announcement and the offer are only addressed to and directed at persons
in the UK or that Member State who are qualified investors within the meaning
of the Prospectus Regulation (or who are other persons to whom the offer may
lawfully be addressed) and must not be acted on or relied on by other persons
in the UK or that Member State12.
This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.
This announcement is not an offer of securities for sale into the United
States. The securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There
will be no public offer of securities in the United States.
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rns@lseg.com (mailto:rns@lseg.com)
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