RBC Financial Group
RBC Home | Search | Site Map | Contact Us | Legal Terms | Français  
Other RBC Sites:
Banking Investments Capital Markets
» Corporate Profile
» Corporate Governance
» History
» Investor Relations
Media Newsroom
 News Releases
 Editorial Edge
 RBC Executive Profiles
 RBC Facts
 RBC Purchasing Managers’ Index
 RBC Canadian Consumer Outlook Index
 RBC U.S. Consumer Outlook Index
 Special Reports
 Events Calendar
» RBC Social Media
» Economics
» Publications
» Community & Sustainability
» Careers
» Diversity
» Become a Supplier
» Become an Employee
» Make a Complaint

News Releases


Royal Bank of Canada announces redemption of Trust Capital Securities – Series 2010 by RBC Capital Trust

TORONTO, May 18, 2010—  Royal Bank of Canada (RY: TSX, 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 Trust Capital Securities - Series 2010 (RBC TruCS - Series 2010) for cash at a redemption price of $1,000 per unit on June 30, 2010.

Separately from the redemption price, the final semi-annual distribution of $36.44 per unit for the RBC TruCS - Series 2010 is to be paid in the usual manner on June 30, 2010.

RBC TruCS - Series 2010 constitute Innovative Tier 1 capital of the bank. There is $650,000,000 principal amount of RBC TruCS - Series 2010 outstanding.

The redemption of the RBC TruCS - Series 2010 units will be financed out of the general funds of RBC Capital Trust.

- 30 -

For further information, please contact:

Investor Contact:
Robert Poole, Investor Relations (416) 955-7805

Media contact:
Gillian McArdle, Media Relations, (416) 974-5506


Take Action
  Contact a member of the Media Relations Team

In the news
  RBC PMITM signals solid output growth in February (14.03.03)
  RBC seeks emerging painters to enter 16th annual RBC Canadian Painting Competition (14.02.21)
  Royal Bank of Canada announces results of conversion privileges of Non-Cumulative 5-Year Rate Reset First Preferred Shares Series
AJ & AL (14.02.14)
  More »

Related Links
  Quarterly Information
  RBC at a Glance
  RBC Letter
  About RBC

  Special Reports
  RBC Canadian Manufacturing Purchasing Managers'Index
05/18/2010 11:16:43