ROYAL BANK OF CANADA SEC Filings

Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities linked to an international equity index basket, with a public offering price of $10.00 per note and proceeds to RBC of $9.80 per note before expenses.

The notes are senior unsecured debt of RBC, pay no interest, and are fully exposed to RBC’s credit risk. They can be automatically called in February 2027, 2028 or 2029 if the basket level is at or above the 100% Call Level, paying preset Call Amounts that imply call premiums of 8.50%–9.50%, 17.00%–19.00% or 25.50%–28.50% over principal, respectively.

If the notes are not called and the final basket value is below the 100% Threshold Value, investors lose principal on a 1-for-1 basis, as illustrated by a 50% basket decline producing a $5.00 redemption per $10 note. The basket starts at 100 and combines the EURO STOXX 50 (40%), FTSE 100 (20%), Nikkei 225 (20%), Swiss Market Index (7.5%), S&P/ASX 200 (7.5%) and FTSE China 50 (5%).

The initial estimated value is expected between $9.10 and $9.60 per note, below the $10 price, reflecting RBC’s internal funding rate, a $0.20 underwriting discount and a $0.05 hedging-related charge per unit. Investors forgo dividends and conventional bond interest and may face limited liquidity.

Royal Bank of Canada is issuing Auto-Callable Enhanced Return Barrier Notes linked to a basket of five global equity indices. The basket includes the EURO STOXX 50 (40% weight), Nikkei 225 (25%), FTSE 100 (17.5%), Swiss Market Index (10%) and S&P/ASX 200 (7.5%). The total offering size is $336,000, with underwriting discounts of 3.5% and proceeds to RBC of $324,240.

The Notes may be automatically called on February 3, 2027 if the basket is at or above its initial value, paying $1,110 per $1,000 principal (an 11% return) and then terminating. If not called, they mature in January 2031. At maturity, investors get enhanced upside with a 125% participation rate if the basket has risen, full principal back if the basket is between 75% and 100% of its initial level, and one-for-one losses if it falls below the 75% barrier, meaning substantial or total loss of principal is possible.

The initial estimated value is $940.95 per $1,000 principal, below the public price, reflecting internal funding and hedging costs. The Notes are unsecured RBC debt, not insured by deposit insurers, and their value and tax treatment involve additional risks described in the accompanying documents.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Bloomberg US Large Cap VolMax Index, with a total price to the public of $53,000. Investors pay 100% of principal, while RBC receives 96% after underwriting discounts.

The Notes pay a monthly contingent coupon of $10.625 per $1,000 (12.75% per annum) only when the index closes at or above a coupon threshold set at 60% of the initial value. The same 60% level acts as a barrier for principal protection at maturity.

The Notes can be automatically called quarterly if the index is at or above its initial value, returning principal plus the contingent coupon. If held to maturity and the final index value falls below the barrier, repayment is reduced one-for-one with the index loss, and investors can lose most or all of their principal.

The initial estimated value is $915.02 per $1,000 principal, reflecting structuring and hedging costs. The VolMax index itself uses leverage, a 40% target volatility, and daily deductions for notional financing, a 6% annual factor, and transaction costs, which can significantly drag on performance.

Royal Bank of Canada is offering $3,586,000 of Barrier Digital Notes linked to the worst performer of the MSCI Emerging Markets Index and the EURO STOXX 50 Index. The Notes are issued at 100% of principal, with proceeds to the bank of $3,460,490 after underwriting discounts.

At maturity in 2031, investors receive per $1,000: $1,000 plus the greater of the least-performing index return or a 57% digital return if that index finishes at or above its initial level; full principal back if it is below the initial level but at or above 70% of that level; and a proportionate loss of principal if it closes below the 70% barrier. The initial estimated value is $940.48 per $1,000, below the public offering price, and all payments are subject to Royal Bank of Canada’s credit risk.

Royal Bank of Canada is issuing $752,000 in structured Notes linked to an equally weighted basket of ten large U.S. equity securities, maturing on July 31, 2031. The basket includes Cisco, Chevron, Duke Energy, Coca-Cola, Lockheed Martin, McDonald’s, Medtronic, PepsiCo, Southern Company and Verizon.

For each $1,000 Note, investors receive at maturity: if the final basket value is above the initial value, $1,000 plus 100% of the basket gain; if the basket is flat or lower, only the $1,000 principal, creating downside protection but no upside leverage. All payments depend on RBC’s credit.

The public offering price is 100% of principal, with underwriting discounts and commissions of 3.89%, so RBC’s proceeds are 96.11% or $722,745. The initial estimated value is $960.21 per $1,000, reflecting internal funding and hedging costs. The Notes are treated as contingent payment debt instruments for U.S. tax purposes and are expected not to be subject to Section 871(m) withholding for Non-U.S. Holders under current rules.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500 Index, with a total public offering of $912,000 and proceeds to the issuer of $893,155. The Notes pay 125% of any positive index return, capped at an 18% maximum return, so the most an investor receives at maturity is $1,180 per $1,000 note.

A 10% downside buffer protects principal if the index falls by up to 10%, but below that level principal is reduced and investors can lose a substantial amount. The initial estimated value is $968.64 per $1,000 note, reflecting underwriting discounts, referral fees and hedging costs. The Notes depend on Royal Bank of Canada’s credit and are unsecured, uninsured debt maturing in February 2028.

Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities linked to the State Street SPDR S&P Biotech ETF (XBI), at $10 per unit, maturing around February 2029 if not called earlier.

The notes may be automatically called after roughly one, two or three years if the ETF’s price is at or above its starting level. Indicative call payments per unit are $11.25–$11.35 on the first observation date, $12.50–$12.70 on the second, and $13.75–$14.05 on the final observation date. If never called and the ETF finishes below the starting value, investors have 1‑to‑1 downside exposure and can lose principal.

The notes pay no periodic interest, are senior unsecured obligations of RBC and are subject to RBC’s credit risk. The public offering price is $10.00 per unit, including a $0.20 underwriting discount and a $0.05 hedging-related charge. The initial estimated value is expected between $8.97 and $9.47 per unit, lower than the offering price, and secondary market liquidity is expected to be limited with no exchange listing.

Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Buffer Notes linked to the VanEck Gold Miners ETF. The total offering is $2.55 million, with proceeds to the bank of 97.5% after underwriting discounts.

The Notes provide 200% upside participation in the ETF up to a maximum 46% gain ($1,460 per $1,000). They feature a 20% downside buffer, but investors lose principal if the ETF falls more than 20%, potentially substantially. The initial estimated value is $948.72 per $1,000, below the public price, reflecting fees and hedging costs. Complex U.S. tax treatment and ETF, market and liquidity risks apply, and investors are urged to review detailed risk and tax discussions.

Royal Bank of Canada is offering Redeemable Fixed Rate Notes with a total offering size of $9,135,000. The Notes pay fixed interest of 5.30% per annum, with interest paid annually each January 30 from 2027 until maturity on January 30, 2046, if not redeemed earlier.

The Notes are callable at the bank’s option, in whole but not in part, on the interest payment date scheduled for January 30, 2029 and on each interest payment date thereafter, at par plus the applicable interest payment. After underwriting discounts and commissions of 2.21%, the bank expects to receive proceeds of $8,933,116.50.

The Notes are bail-inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares or written down in a resolution scenario. They are unsecured obligations of Royal Bank of Canada, are not deposit liabilities, and are not insured by Canadian or U.S. deposit insurance agencies.