REG - RBC Europe Ltd Royal Bank of Canada - Stabilisation Notice

Credit Suisse AGAnnouncement

02/09/2021 10:10

RNS Number : 5308K
  
RBC Europe Ltd
  
02 September 2021
  
 

2nd September 2021
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
RBC GBP 5yr Senior
Pre-Stabilisation Period Announcement
RBC Europe Limited (Syndicate Desk; telephone: 0207 029 7161) hereby gives notice that as Stabilising Coordinator, the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU/596/2014).)
 



The securities:




Issuer:


ROYAL BANK OF CANADA




Guarantor (if any)


N/A




Aggregate nominal amount:


GBP




Description:


RBC GBP 5yr Senior




Offer price:


[TBC]




Other offer terms


[TBC]




 
Stabilisation:




Stabilisation Manager(s):


Barclays Bank PLC, Credit Suisse Securities (Europe) Limited , NatWest Markets plc , RBC Europe Limited
 




Stabilisation period expected to start on:


 2nd September 2021




Stabilisation period expected to end no later than:


For maximum of 30 days after the proposed issue date of the securities




Existence, maximum size and conditions of use of over-allotment facility:


The Stabilisation Manager(s) may over‑allot the securities to the extent permitted in accordance with applicable law.




Stabilisation Trading Venue(s):


London Stock Exchange



 
In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over‑allotment shall be conducted in accordance with all applicable laws and rules.
In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK or any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK or that Member State in accordance with Regulation (EU) 2017/1129 (the "Prospectus  Regulation") (or which has been approved by a competent authority in another Member State and notified to the competent authority in the UK or that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in the UK or that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in the UK or that Member State12.
 
This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

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