Royal Bank of Canada (RBC) has issued 6.350% Limited Recourse Capital Notes, Series 5 (NVCC) due November 24, 2084, and Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BX (NVCC) on November 1, 2024. The issuance is pursuant to RBC's shelf registration statement on Form F-3.The bank has filed several key documents related to this issuance, including an Underwriting Agreement dated October 17, 2024, involving RBC Capital Markets, LLC and other major financial institutions as underwriters. Additionally, RBC has submitted a Third Supplemental Indenture dated November 1, 2024, between the bank and The Bank of New York Mellon as Trustee.Legal opinions from Sullivan & Cromwell LLP and Osler, Hoskin & Harcourt LLP have been provided, covering the validity of the Notes under New York law, Canadian law, and matters of U.S. and Canadian federal income taxation. The report was signed by Jason Drysdale, Executive Vice-President and Treasurer of Royal Bank of Canada.

Royal Bank of Canada (RBC) has issued 6.350% Limited Recourse Capital Notes, Series 5 (NVCC) due November 24, 2084, and Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BX (NVCC) on November 1, 2024. The issuance is pursuant to RBC's shelf registration statement on Form F-3.The bank has filed several key documents related to this issuance, including an Underwriting Agreement dated October 17, 2024, involving RBC Capital Markets, LLC and other major financial institutions as underwriters. Additionally, RBC has submitted a Third Supplemental Indenture dated November 1, 2024, between the bank and The Bank of New York Mellon as Trustee.Legal opinions from Sullivan & Cromwell LLP and Osler, Hoskin & Harcourt LLP have been provided, covering the validity of the Notes under New York law, Canadian law, and matters of U.S. and Canadian federal income taxation. The report was signed by Jason Drysdale, Executive Vice-President and Treasurer of Royal Bank of Canada.