TORONTO, Sept. 27, 2013 /CNW/ - Royal Bank of Canada (RY on TSX and
NYSE) today announced its intention to redeem all outstanding 5.45 per
cent subordinated debentures due November 4, 2018 (the "5.45 per cent
debentures") for 100 per cent of their principal amount plus accrued
interest to the redemption date. The redemption will occur on November
4, 2013. The current principal amount of 5.45 per cent debentures
outstanding is $1,000,000,000.
The redemption of the debentures will be financed out of the general
corporate funds of Royal Bank of Canada.
For further information:
Karen McCarthy, Investor Relations, 416 955-7809
Tanis Feasby, Corporate Communications, 416 955-5172