RBCF Issues Floating Rate Notes

RBCF L.P. issued, on January 31, 2003, US$550 million of floating rate notes due February 1, 2008. RBCF is indirectly wholly owned by Royal Bank of Canada, and the notes were guaranteed by the bank. The notes were offered under an offering, and were sold to institutional investors in Europe and elsewhere.

The bank was represented by in-house counsel Jason Arbuck and Antonella Deo, assisted by Andrew Fleming, Peter Noble and Susan Mann of Ogilvy Renault in Canada, and by Sullivan & Cromwell LLP in the U.S., with a team that included Don Crawshaw, Brian Tang and Amy Wu in New York. Lee Meyerson, Jessica Gross and Carlo de Vito Piscicelli of Simpson Thacher & Bartlett in New York represented the managers, Morgan Stanley and RBC Capital Markets Inc., in connection with the offering, in the U.S.


Peter S. Noble Carlo de Vito Piscicelli Jessica Gross Andrew Fleming Donald R. Crawshaw Lee A. Meyerson Yiangmao Tang Susan E. Mann