Royal Bk Can SEC Filings

Royal Bank of Canada is offering $1,413,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the performance of three ETFs: SPDR S&P Regional Banking ETF, VanEck Semiconductor ETF, and Energy Select Sector SPDR Fund. The notes mature on June 27, 2030.

Key features include:

• Contingent Monthly Coupons at 12.00% per annum if all underliers close at/above 70% of initial values
• Memory Feature allows missed coupons to be paid later if conditions are met
• Automatic Call Feature triggers quarterly after year 1 if all underliers close at/above initial values
• Principal Protection at maturity if no automatic call and least performing underlier closes at/above 60% of initial value
• Risk of Loss - 1:1 downside exposure if least performing underlier closes below 60% barrier

Initial estimated value is $991.53 per $1,000 principal amount, below the public offering price. Notes are not listed on any exchange and subject to RBC's credit risk.

Royal Bank of Canada is offering $796,000 in Auto-Callable Contingent Coupon Barrier Notes linked to Morgan Stanley stock, due July 29, 2026. Key features include:

• Contingent Monthly Coupons: 11.76% per annum if Morgan Stanley stock closes at/above 77% of initial value ($104.64)
• Auto-Call Feature: Notes automatically redeem at 100% principal plus coupon if stock closes at/above initial value ($135.90) on monthly observation dates starting December 2025
• Principal Protection: Full principal returned at maturity if final stock price ≥ 77% of initial value; otherwise, investors receive Morgan Stanley shares worth less than principal
• Initial Estimated Value: $979.00 per $1,000 principal amount

Notable risks include credit risk of Royal Bank of Canada, potential loss of principal if Morgan Stanley stock declines significantly, and no guaranteed coupon payments. Notes will not be listed on any securities exchange and are not FDIC/CDIC insured.

Royal Bank of Canada has filed a prospectus supplement for Accelerated Return Notes (ARNs) linked to the EURO STOXX 50 Index, offering unique investment characteristics:

Key features include:

• Principal amount of $10 per unit with approximately 14-month maturity (September 2026)
• 3-to-1 upside exposure to EURO STOXX 50 Index increases, capped at 15.00-19.00% return
• 1-to-1 downside exposure with 100% principal at risk
• Initial estimated value between $9.10-$9.60 per unit, below public offering price
• Includes $0.175 underwriting discount and $0.05 hedging-related charge per unit

Notable risks include: no periodic interest payments, limited secondary market liquidity, no exchange listing, and full credit risk exposure to Royal Bank of Canada. The notes are not FDIC insured or bank guaranteed and may lose value. Special pricing available for purchases of 300,000+ units at $9.950 per unit with reduced underwriting discount.

Royal Bank of Canada is offering Dual Directional Trigger Jump Securities linked to the MSCI Emerging Markets Index, maturing July 6, 2028. Key features include:

• Principal Amount: $1,000 per security with initial estimated value between $910.51-$960.51
• Upside Payment: Fixed 30% ($300) if the index is flat or higher at maturity
• Downside Protection: Positive return up to 10% if index declines but stays above 90% trigger value
• Risk: Losses exceed 10% if index falls below trigger value (90% of initial value)

Notable risks include limited appreciation potential, credit risk of Royal Bank of Canada, emerging markets exposure, and currency exchange risks. The securities do not pay interest or guarantee principal return. Trading begins July 3, 2025, with final valuation on June 30, 2028.

Royal Bank of Canada is offering Barrier Digital Notes linked to the performance of three underlying stocks: Conagra Brands, Starbucks, and Target, maturing September 30, 2026. The notes feature:

• 19.15% Digital Return if the least performing stock's final value is at/above its Digital Barrier Value (55% of initial value)
• Return of principal if the least performing stock's final value is below Digital Barrier but at/above Barrier Value (50% of initial value)
• 1:1 loss of principal if least performing stock falls below Barrier Value

Key risks include potential loss of principal, limited returns, dependence on worst-performing stock, and credit risk of Royal Bank of Canada. Initial estimated value ($929.00-$979.00 per $1,000 principal) is below offering price. Notes do not pay interest and have limited secondary market liquidity. Trade Date: June 25, 2025; Maturity: September 30, 2026.

Royal Bank of Canada (RY) has filed a preliminary pricing supplement (Form 424B2) for the issuance of Daily Auto-Callable Absolute Return Digital Notes linked to the S&P 500 Index, maturing 16 October 2026.

Key structural terms:

• Call feature: The note is automatically called at par on any trading day (“Call Observation Date”) when the index closes below 80 % of the initial level. Investors then receive only principal; no further coupons are paid.
• Return profile at maturity (if not called):
  • Upside capped: If the final index level ≥ initial, investors receive par plus a fixed Digital Return of 3.35 % ($33.50 per $1,000).
  • Absolute-value downside participation: If the final index level < initial, investors receive a positive return equal to the absolute value of the negative index move, capped at 20 %.
• No periodic coupons; all cash flows occur on call or maturity.
• Minimum investment: $1,000; CUSIP 78017PBV2; not exchange-listed.
• Issue price: 100 %; estimated value: $935.52–$985.52 (reflects hedging & fees). Underwriting discount 0.50 %; selling concessions up to $5 and structuring fee up to $4 per $1,000.
• Credit exposure: Payments depend solely on RBC’s ability to pay; the notes are senior unsecured, not CDIC/FDIC insured, and not bail-inable.

Investor implications: The structure offers limited upside (3.35 %) and moderate downside participation (max 20 % gain) but embeds significant call risk that can truncate returns when the index falls sharply. Investors also face secondary-market liquidity risk and a purchase price above estimated intrinsic value.

Royal Bank of Canada (RY) has filed a preliminary 424(b)(2) term sheet for “Capped Leveraged Return Notes with Absolute Return Buffer” due July 2027. The two-year senior unsecured notes offer investors leveraged upside of 1.01x–1.21x on any increase in a six-component international equity basket, subject to a 25.00% maximum return ($12.50 per $10 unit). If the basket’s ending value is lower than the starting value but above the 90% Threshold Value, holders receive a positive return equal to the absolute decline (e.g., –5% basket change pays +5%). Below the threshold, exposure becomes 1-to-1, putting up to 90% of principal at risk.

The basket weights are: EURO STOXX 50 (40%), FTSE 100 (20%), Nikkei 225 (20%), Swiss Market (7.5%), S&P/ASX 200 (7.5%), and FTSE China 50 (5%). Notes are issued at $10 with an underwriting discount of $0.20 (reduced to $0.15 for ≥300,000 units) and a $0.05 hedging-related charge. The initial estimated value is expected between $9.01–$9.51, reflecting RBC’s lower internal funding rate and hedge costs. All cash flows occur at maturity; there are no periodic coupons, dividends, or FDIC/Canada Deposit Insurance coverage. Secondary market liquidity is expected to be limited, and repayment depends entirely on RBC’s creditworthiness.

Key service providers: Issuer – Royal Bank of Canada; Calculation Agent – BofA Securities. Documentation references include Prospectus dated 20-Dec-2023 and Product Supplement EQUITY LIRN-1 dated 27-Dec-2023.