TORONTO, Sept. 27, 2013 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE)
today announced its intention to redeem all outstanding 5.45 per cent
subordinated debentures due November 4, 2018 (the "5.45 per cent debentures")
for 100 per cent of their principal amount plus accrued interest to the
redemption date. The redemption will occur on November 4, 2013. The current
principal amount of 5.45 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, Investor Relations, 416 955-7809
Media contact: Tanis Feasby, Corporate Communications, 416 955-5172
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