Davis Polk advised RBC Capital Markets, LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC as lead managers on an SEC-registered offering by Royal Bank of Canada of $1 billion aggregate principal amount of 1.4% senior notes due 2017 and $300 million aggregate principal amount of senior floating-rate notes due 2017 under its $25 billion medium-term notes program. 

Royal Bank of Canada is Canada’s largest bank as measured by assets and market capitalization and is among the largest banks in the world based on market capitalization. RBC is one of North America’s leading diversified financial services companies and provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis.  

The Davis Polk corporate team included partner Luigi L. De Ghenghi and associates Daniel E. Newman, Brian A. Mathes and Mark Sater. All members of the Davis Polk team are based in the New York office.