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RBC calls all C$1 billion of 5.45% subordinated debentures due 2018
By Tali David
Minneapolis, Sept. 27 - The Royal Bank of Canada plans to redeem all C$1 billion of its 5.45% subordinated debentures due Nov. 4, 2018, according to a press release.
The notes will be redeemed at par plus accrued interest on Nov. 4.
The Toronto-based bank will finance the redemption with its general corporate funds.
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