Royal Bank of Canada announces redemption of RBC Trust Capital Securities - Series 2015

TORONTO, Nov. 16, 2015 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced that RBC Capital Trust, a closed-end unit trust established by Royal Bank of Canada, will redeem all of its issued and outstanding $1,200,000,000 principal amount of Trust Capital Securities - Series 2015 ("RBC TruCS - Series 2015") for cash at a redemption price of $1,000 per unit plus unpaid indicated distributions, on December 31, 2015.

The redemption of the RBC TruCS - Series 2015 units will be financed out of the general funds of RBC Capital Trust.

SOURCE RBC

For further information:

Investor contact:
Julia Macleod, Investor Relations, 416-955-7302

Media contact:
Seema Sharma, Financial Communications, 416-974-5606


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