LONDON - RBC Europe Limited, as the Stabilising Coordinator, has announced the potential stabilization of the Royal Bank of Canada's (RY EUR 6NC5) senior securities, which are expected to commence trading on January 13, 2025. The stabilization period, conducted in accordance with EU regulations, is anticipated to last no longer than 30 days following the proposed issue date of the securities.
The stabilization actions, which may include over-allotment or transactions to support the market price, are not guaranteed to take place and can be halted at any time. These measures are intended to prevent excessive volatility in the price of the new securities post-launch. The specific aggregate nominal amount and offer price are yet to be confirmed.
The Stabilisation Manager(s) listed for this operation include RBC Europe Limited, Banco Santander (BME:SAN), S.A., Cooperative Rabobank U.A., Danske Bank (CSE:DANSKE) A/S, and ING Bank N.V. The trading of these securities will take place Over the Counter (OTC), and any stabilization activity will adhere strictly to applicable laws and rules.
This announcement is purely for informational purposes and should not be construed as an invitation or offer to underwrite, subscribe for, or acquire securities in any jurisdiction. Furthermore, it does not constitute an offer of securities for sale into the United States, as the securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the U.S. without registration or an exemption from registration.
The information herein is based on a press release statement and is intended for individuals who have professional experience in investment matters or are high net worth individuals within the United Kingdom (TADAWUL:4280), in compliance with the Financial Services and Markets Act 2000. It is also directed at qualified investors within the meaning of the Prospectus Regulation in the UK or the EEA Member States, ensuring compliance with regulatory standards.
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