TORONTO, Jan. 5 /PRNewswire-FirstCall/ -- Royal Bank of Canada (RY on TSX and NYSE) announced today that the bank has filed a prospectus supplement to its registration statement with the U.S. Securities and Exchange Commission for the issuance of medium-term notes (MTN). Its registration statement filed on Form F-3 was declared effective by the U.S. Securities and Exchange Commission on December 26, 2006. The registration statement and the MTN prospectus supplement provide for the offering, from time to time, of up to US$8 billion (or the equivalent thereof in foreign currencies) of Senior Debt Securities and Subordinated Debt Securities (Subordinated Indebtedness) of Royal Bank of Canada in the U.S.
The Senior Debt Securities have been provisionally rated AA- by Standard & Poor's and Aa2 by Moody's Investors Service. The Subordinated Debt Securities (Subordinated Indebtedness) have been provisionally rated A+ by Standard & Poor's and Aa3 by Moody's Investors Service.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or other jurisdiction.
The registration statement, which includes the base prospectus, and the MTN prospectus supplement are available at the website of the U.S. Securities and Exchange Commission, http://www.sec.gov/. Prospectus or pricing supplements relating to specific future offerings of securities will be available from the managing underwriters of the offerings.
