Final Terms dated September 27, ROYAL BANK OF CANADA (a Canadian chartered bank) (the Issuer )

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Transcription:

EXECUTION VERSION Final Terms dated September 27, 2017 ROYAL BANK OF CANADA (a Canadian chartered bank) (the Issuer ) Issue of CNY 900,000,000 4.25 per cent. Notes due September 2020 issued pursuant to the Base Prospectus as part of the Programme for the Issue of Securities PART A CONTRACTUAL TERMS Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the Conditions ) set forth in the Base Prospectus dated January 31, 2017 and the supplemental Prospectuses dated February 28, 2017, May 31, 2017 and September 12, 2017 which together constitute a base prospectus (the Base Prospectus ) for the purposes of Directive 2003/71/EC as amended (the Prospectus Directive ). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus, together with all documents incorporated by reference therein, are available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange at http://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html under the name Royal Bank of Canada and the headline Publication of Prospectus and copies may be obtained from the offices of the Issuer, Royal Bank Plaza, 200 Bay Street, 8 th Floor, South Tower, Toronto, Ontario, Canada and the offices of the Issuing and Paying Agent, One Canada Square, London E14 5AL, England. 1. (i) Series Number: 33959 (ii) Tranche Number: 1 (iii) Date on which the Notes become fungible:

2. Specified Currency or Currencies: (Condition 1.11) Chinese Renminbi, the lawful currency of the People s Republic of China, for settlement by transfer to bank accounts maintained in the Hong Kong Special Administration Region in accordance with the prevailing laws and regulations. ( CNY ) 3. Aggregate Principal Amount: (i) Series: CNY 900,000,000 (ii) Tranche: CNY 900,000,000 4. Issue Price: 100 per cent. of the Aggregate Principal Amount 5. (a) Specified Denominations: (Condition 1.08 or 1.09) CNY 1,000,000 and integral multiples of CNY 10,000 in excess thereof up to and including CNY 1,990,000. No Notes in definitive form will be issued with a denomination above (b) Calculation Amount: CNY 10,000 (c) Minimum Trading Size: Applicable: CNY 1,000,000 6. (i) Issue Date: September 29, 2017 (ii) Interest Commencement Date Issue Date 7. Maturity Date: The Specified Interest Payment Date falling in or nearest to September 2020 8. Interest Basis: 4.25 per cent. Fixed Rate (further particulars specified below) 9. Redemption/Payment Basis: Subject to any purchase and cancellation or early redemption, the Notes would be redeemed on the Maturity Date at par 10. Change of Interest Basis: 11. Put Option/ Call Option: 12. (i) Date of Board approval for issuance of Notes obtained: (ii) Status of the Notes: Senior Notes PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE 13. Fixed Rate Note Provisions (Condition 5.02 and 5.02a) Applicable (i) Rate(s) of Interest: 4.25 per cent. per annum payable annually in arrear on each Interest Payment Date -2-

(ii) Specified Interest Payment Date(s): (iii) Adjusted Interest Periods: (iv) Business Day Convention: (v) Business Centre(s): (vi) Fixed Coupon Amount(s): (vii) Broken Amount(s): (viii) Day Count Fraction: (ix) Determination Dates: 29 September in each year, commencing on September 29, 2018 up to and including the Maturity Date, adjusted for calculation of interest and for payment purposes in accordance with the Business Day Convention specified in paragraph 13(iv) below Applicable Modified Following Business Day Convention Hong Kong, New York, London and Toronto Actual/365 (Fixed) (x) Default Rate: As set out in Condition 5.04 (xi) Calculation Agent: (xii) Fixed Rate Resettable Note Provisions (Condition 5.02b) 14. Floating Rate Note Provisions (Condition 5.03) Standard Chartered Bank shall be the Calculation Agent 15. Zero Coupon Note Provisions PROVISIONS RELATING TO REDEMPTION 16. Call Option (Condition 6.03) 17. Put Option (Condition 6.06) 18. Final Redemption Amount of each Note CNY 10,000 per Calculation Amount Early Redemption Amount (i) Early Redemption Amount(s) payable on redemption for taxation reasons, Regulatory Event or on event of default: CNY 10,000 per Calculation Amount (ii) Early Redemption Amount includes amount in respect of accrued interest: 20. Provisions relating to the NVCC Automatic Conversion (Condition 8) No: together with the Early Redemption Amount, accrued interest shall also be paid : the Notes are not Subordinated Notes -3-

GENERAL PROVISIONS APPLICABLE TO THE NOTES 21. (i) Form of Notes: Bearer Notes (ii) New Global Note: No Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note Exchange Date: November 8, 2017 22. Financial Centre(s) or other special provisions relating to payment dates: Hong Kong, New York, London and Toronto 23. Relevant Renmibi Settlement Centre: Hong Kong 24. Calculation Agent for purposes of Condition 10.16 (if other than Fiscal Agent): 25. Name and address of RMB Rate Calculation Agent (for purpose of Condition 10.17): As set out in the definition of RMB Rate Calculation Agent in Condition 10.17 26. Branch of Account: Main branch in Toronto 27. Unmatured Coupons missing upon Early Redemption: 28. Talons for future Coupons to be attached to Definitive Notes (Condition 1.06) 29. Issuer access to register of creditors (Sw. skuldboken) in respect of Swedish Notes: Condition 10.06(i) applies No 30. Alternative Currency Payment: Signed on behalf of the Issuer: By: /s/ Ken Mason Duly authorised By: /s/ Raj Sharma Duly authorised -4-

PART B OTHER INFORMATION 1. LISTING AND ADMISSION TO TRADING (i) Listing/Admission to Trading: Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to the Official List of the UKLA and to trading on the London Stock Exchange s regulated market with effect from September 29, 2017. (ii) Estimate of total expenses related to admission: GBP 3,600 2. RATINGS Ratings: The Notes to be issued are expected to be specifically rated: S&P Canada: AA- (Negative Outlook) 3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE Save for any fees payable to the Manager as discussed in Subscription and Sale, so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer. 4. Fixed Rate Notes only YIELD Indication of yield: 4.25 per cent. per annum The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield. 5. OPERATIONAL INFORMATION (i) ISIN: XS1691865619 (ii) Common Code: 169186561 (iii) Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking Societe Anonyme, their addresses and the relevant identification number(s): (vi) Names and addresses of additional Paying Agent(s), Registrar and Transfer Agents (if any): -5-

6. DISTRIBUTION (i) Canadian Selling Restrictions: Canadian Sales Not Permitted (ii) Prohibition of Sales to EEA Retail Investors: (iii) Whether TEFRA D or TEFRA C applicable or TEFRA Rules not applicable: TEFRA D Rules applicable -6-