Royal Bank of Canada filed a Form 6-K with the SEC on November 9, 2026, disclosing the issuance of $250,000,000 in aggregate principal amount of 5.633% Senior Fixed Rate/Floating Rate Notes due November 5, 2032, under its Senior Global Medium-Term Notes, Series J program.

Key Highlights

  • Principal amount: $250,000,000 in aggregate principal amount of Senior Global Medium-Term Notes, Series J was issued.
  • Coupon and structure: The notes carry a rate of 5.633% and are structured as Senior Fixed Rate/Floating Rate Notes.
  • Maturity date: The notes are due November 5, 2032.
  • Shelf registration: The issuance was made pursuant to the bank's shelf registration statement on Form F-3, File No. 333-275898.
  • Signing officer: The report was signed by Jason Drysdale, Executive Vice-President and Treasurer, on November 9, 2026.
  • Legal opinions filed: Opinions covering validity under New York law, Canadian law, and U.S. and Canadian federal income taxation were included as exhibits.

Royal Bank of Canada's November 2026 Senior Note Issuance Under Series J Program

According to the filing, Royal Bank of Canada issued $250,000,000 aggregate principal amount of 5.633% Senior Fixed Rate/Floating Rate Notes due November 5, 2032, on the date of the report. The notes form part of the bank's Senior Global Medium-Term Notes, Series J, issued under its shelf registration statement on Form F-3 (File No. 333-275898). The filing does not specify the precise terms governing the transition between the fixed rate and floating rate periods beyond identifying the instrument as a fixed rate/floating rate note.

The Form 6-K was furnished for the month of November 2026 under Commission File Number 001-13928. The filing states that the report and its exhibits "shall be deemed to be incorporated by reference as exhibits to Royal Bank of Canada's Registration Statement on Form F-3 (File No. 333-275898) and to be a part thereof from the date on which this report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished."

Exhibits accompanying the filing include legal validity opinions from Sullivan and Cromwell LLP as U.S. counsel and Norton Rose Fulbright Canada LLP as Canadian counsel, as well as opinions from both firms addressing U.S. and Canadian federal income taxation matters, respectively. The filing was signed by Jason Drysdale in his capacity as Executive Vice-President and Treasurer of Royal Bank of Canada.

What Was Disclosed

Royal Bank of Canada disclosed the November 9, 2026 issuance of $250,000,000 of 5.633% Senior Fixed Rate/Floating Rate Notes due November 5, 2032, under its Series J medium-term note program, along with associated legal and tax opinions from U.S. and Canadian counsel.