TORONTO, Feb. 11, 2013 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today
announced its intention, subject to the final approval of the Office of the
Superintendent of Financial Institutions (OSFI), to redeem on March 13, 2013
(the "redemption date") all outstanding 4.84 per cent subordinated debentures
due March 11, 2018 (the "4.84 per cent debentures") for 100 per cent of their
principal amount plus accrued interest to the redemption date. The principal
amount of 4.84 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.
Investor contact: Karen McCarthy, 416 955-7809 Media contact: Tanis Feasby,
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-0- Feb/11/2013 22:37 GMT
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