Royal Bank of Canada Plans to Redeem Preferred Shares and AT1 Notes in 2026

Thursday, Dec 4, 2025 10:57 pm ET1min read

Royal Bank of Canada plans to redeem all issued and outstanding Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BR, and NVCC Additional Tier 1 (AT1) 4.00% Limited Recourse Capital Notes, Series 2, due February 24, 2081. The redemptions, totaling $1.25 billion of capital, will be financed from the bank's general corporate funds. The preferred shares and AT1 notes will be redeemed on January 24, 2026, and January 26, 2026, respectively.

Comments



Add a public comment...
No comments

No comments yet