Royal Bk Can SEC Filings

Royal Bank of Canada ("RY") has filed a pricing supplement for a small, $3.165 million tranche of Redeemable Fixed Rate Notes under its Senior Global Medium-Term Notes, Series J program.

Key economic terms:

• Coupon: 4.25% fixed, paid on 30 Sep 2025, 30 Dec 2025, 30 Mar 2026, 30 Jun 2026 and at maturity (stub period).
• Tenor: Issued 30 Jun 2025; maturity 30 Jul 2026 (≈13 months).
• Redemption: Callable at issuer’s option, in whole only, on 30 Dec 2025 and each subsequent interest payment date with 10 business-day notice; redemption price equals par plus accrued interest.
• Denomination: $1,000 minimum; CUSIP 78014RF54.
• Pricing: 100.00% offer price; 0.10% underwriting discount; 99.90% net proceeds to issuer.
• Day-count: 30/360; Calculation Agent: RBC Capital Markets, LLC.

Risk highlights (as disclosed):

• Senior unsecured obligations subject to Royal Bank of Canada credit risk.
• Early-call risk could force reinvestment at lower rates if the notes are redeemed.
• No exchange listing; secondary liquidity may be limited and involve wide bid/ask spreads.
• Embedded costs (underwriting, hedging) may reduce secondary market value.

The notes are not insured by CDIC or FDIC, are not bail-inable, and are offered only where lawful. Investors should review the full prospectus, prospectus supplement and product supplement referenced in the filing for additional details and risk factors.

Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the performance of Amazon and Netflix stocks, due July 7, 2028. Key features include:

• Fixed Coupon Rate: 9.25% per annum paid monthly if notes are not called
• Automatic Call Feature: Notes will be called if both stocks close at or above their initial values on quarterly observation dates starting January 2026
• Principal Protection Barrier: 60% of initial stock values
• Risk Features: If not called and worst-performing stock falls below 60% barrier at maturity, investors receive shares of worst-performing stock worth less than principal

The notes' initial estimated value is expected to be between $911.00 and $961.00 per $1,000 principal amount, below the public offering price. Underwriting discount is 2.50%. The notes will not be listed on any securities exchange and are subject to RBC's credit risk.

Royal Bank of Canada is offering $716,000 in Auto-Callable Enhanced Return Barrier Notes linked to a basket of five major financial institutions: Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, and Wells Fargo. The notes mature on June 30, 2027.

Key features include:

• Auto-Call Feature: Notes automatically redeem with 13% return if basket value equals/exceeds initial value on July 8, 2026
• Enhanced Return: If not called and final basket value exceeds initial value, investors receive 150% of basket return
• Principal Protection Barrier: Full principal returned if final basket value is above 75% of initial value
• Downside Risk: 1:1 loss if final basket value falls below 75% barrier

The initial estimated value is $964.08 per $1,000 principal amount, below the public offering price. Notes involve significant risks including potential loss of principal, are subject to RBC's credit risk, and will not be listed on any securities exchange.

Royal Bank of Canada is offering five separate Auto-Callable Contingent Coupon Barrier Notes linked to different company stocks: AMD, Lululemon, Cloudflare, Snowflake, and Target. Key features include:

• Contingent Coupons with Memory Feature paid quarterly if the underlying stock closes at/above Coupon Threshold
• Automatic Call Feature triggered if stock closes at/above Initial Value after 6 months
• Principal Protection at maturity if Final Value ≥ Barrier Value; otherwise 1:1 loss with stock decline
• Coupon Rates range from 10.00% to 12.25% per annum
• Maturity Date: June 30, 2028

Total offering amount is $6.7 million across all notes. Barrier Values set between 50-60% of Initial Values. Notes are not listed on exchanges and subject to RBC's credit risk. Not FDIC insured or bail-inable.

Royal Bank of Canada has issued $2,443,000 in Digital EURO STOXX 50 Index-Linked Notes due June 21, 2027. These structured notes offer investors exposure to the EURO STOXX 50 Index with conditional protection and return features:

• If the final index level is at or above 85% of the initial level (5,252.01), investors receive a fixed return of $1,170.60 per $1,000 principal
• If the index falls below 85%, investors face losses proportional to the index decline beyond the 15% buffer, multiplied by 1.1765
• Notes have an initial estimated value of $993.88 per $1,000 principal, below the issue price

Key features include no periodic interest payments, no early redemption, and full exposure to downside risk beyond the buffer. The notes are not FDIC insured and carry Royal Bank of Canada's credit risk. Trading begins July 2, 2025, with final determination on June 16, 2027.

Royal Bank of Canada is offering $737,000 in Issuer Callable Contingent Coupon Barrier Notes linked to NVIDIA Corporation stock, due December 31, 2026. Key features include:

• Contingent Coupon Rate: 14.25% per annum, paid quarterly if NVIDIA stock closes at or above the Coupon Threshold (60% of Initial Value)
• Call Feature: Notes callable quarterly at issuer's discretion for 100% principal plus any contingent coupon due
• Principal Protection: Full principal returned if final NVIDIA stock price is at/above Barrier Value (50% of Initial Value); otherwise, 1:1 loss with stock decline
• Initial Values: NVIDIA stock price $154.31, Coupon Threshold $92.59, Barrier Value $77.16

The initial estimated value is $992.51 per $1,000 principal amount, below the public offering price. Notes involve significant risks including potential loss of principal and are subject to Royal Bank of Canada's credit risk. Not FDIC insured or listed on securities exchanges.

Royal Bank of Canada has announced a $9,908,000 offering of Redeemable Fixed Rate Notes due December 30, 2030. The Notes will pay 5.00% interest per annum, distributed semiannually on June 30 and December 30, beginning December 30, 2025.

Key features include:

• Notes are priced at 100% of principal amount with minimum investment of $1,000
• Redeemable at issuer's option on any Call Date starting June 30, 2026
• Subject to Canadian bail-in powers, convertible into common shares under CDIC Act
• Not listed on any securities exchange
• Underwriting discount of 0.28% ($27,742.40 total)

Notable risks include potential early redemption, credit risk exposure to Royal Bank of Canada, limited secondary market liquidity, and built-in costs affecting market value. RBCCM will serve as underwriter and calculation agent for the Notes.