Royal Bank of Canada is planning a $2bn bond sale in two parts, following its recent US$4.7bn US deal
Royal Bank of Canada is considering a $2bn bond deal in two parts, according to sources, accoridng to BNN Bloomberg.
The bonds are bail-in securities, designed to absorb losses in certain situations. The deal could launch as soon as Wednesday.
On Tuesday, RBC raised US$4.7bn in a five-part US dollar bond deal. The longest portion, due in six years, yielded 80 basis points more than US Treasuries.
RBC has not yet responded to a request for comment.
