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About RBC > Media Newsroom > News Releases > Royal Bank of Canada Announces redemption of RBC Trust Capital Securities – Series 2015

Royal Bank of Canada Announces redemption of RBC Trust Capital Securities – Series 2015

TORONTO, November 16, 2015 -  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.

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For further information, please contact:

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

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