RBC Sells $707M In Debt

Royal Bank of Canada has raised $707 million through a note sale.

Royal Bank of Canada (RBC) has raised $707 million through a note sale, Reuters reports. The notes, which carry a coupon rate of 3.36%, are due to mature on Jan. 11, 2016.

The total issue amount is now $2.02 billion. RBC’s investment dealer unit was the sole lead manager on the deal.

Click here for the story from Reuters.