Royal Bank of Canada to Redeem $1.75B NVCC Debentures on Nov. 3, 2026
Royal Bank of Canada plans to redeem all outstanding NVCC 2.14% subordinated debentures due November 3, 2031 on November 3, 2026. The principal amount outstanding is $1,750,000,000. Redemption will be for 100% of principal plus accrued interest up to, but excluding, the redemption date, funded from the bank’s general corporate funds.