Royal Bank Completes €1B Note Offering

On March 23, 2007, the Royal Bank of Canada issued €1 billion floating rate deposit notes due March 2012 pursuant to its Euro Programme for the issuance of notes. The joint-lead managers for the offering were Royal Bank of Canada Europe Limited and Barclays Bank PLC and the other managers were Banco Santander Central Hispano, S.A., Commerzbank Aktiengesellschaft and UniCredit Banca Mobiliare S.p.A.

Susan Mann and Peter Noble of Ogilvy Renault LLP and Paul Guthrie and Melinda Anderson of the RBC Law Group represented the Royal Bank of Canada. David S. Hughes and Tessa Brentnall of Allen & Overy LLP advised RBC with respect to United Kingdom tax. Sherry Roth and Brenda Mothersill of Stikeman Elliott LLP represented the managers.


Susan E. Mann Peter S. Noble Sherry Roth Paul D. Guthrie Brenda D. Mothersill Melinda N. Anderson