Filed pursuant to Rule 433
Registration No. 333-227001
ROYAL BANK OF CANADA
MEDIUM-TERM NOTES, SERIES H
SENIOR FLOATING RATE NOTES, DUE APRIL 29, 2022
FINAL TERM SHEET
DATED APRIL 24, 2019
Terms and Conditions
|Issuer:||Royal Bank of Canada|
|Title of the Series:||Senior Floating Rate Notes, due April 29, 2022 (the “Notes”)|
|Expected Ratings1:||A2 / A / AA (Stable / Stable / Stable)|
|Trade Date:||April 24, 2019|
|Settlement Date (T+3) 2:||April 29, 2019|
|Maturity Date:||April 29, 2022|
|Minimum Denomination:||$2,000 and multiples of $1,000|
|Interest Rate:||3-month USD LIBOR plus 47 bps payable and reset quarterly|
|Interest Payment Dates:||Quarterly on the 29th of each January, April, July, and October, beginning July 29, 2019|
|Payment Convention:||Modified following business day convention, adjusted|
|Business Days:||London, New York, Toronto|
|Day Count Fraction:||Actual / 360|
1 A credit rating is not a recommendation to buy, sell or hold securities, and it may be subject to revision or withdrawal at any time by the assigning rating organization.
2 Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle no later than two business days after the trade date, unless the parties to such trade expressly agree otherwise at the time of the trade. Accordingly, purchasers who wish to trade on any date more than two business days prior to delivery of the Notes will be required, by virtue of the fact that the Notes initially will settle in three business days (T+3), to specify alternative settlement arrangements to prevent a failed settlement.
|Canadian Bail-in Powers
|The Notes are subject to bail-in conversion under the Canadian bail-in regime.|
|CUSIP / ISIN:||78013X6E3 / US78013X6E35|
|Lead Managers and Joint Book
RBC Capital Markets, LLC
Credit Suisse Securities (USA) LLC
J.P. Morgan Securities LLC
Wells Fargo Securities, LLC
ANZ Securities, Inc.
BB&T Capital Markets, a division of BB&T Securities, LLC
BNY Mellon Capital Markets, LLC
Capital One Securities, Inc.
Comerica Securities, Inc.
Commonwealth Bank of Australia
DBS Bank Ltd.
Desjardins Securities Inc.
Fifth Third Securities, Inc.
National Bank of Canada Financial Inc.
Regions Securities LLC
Santander Investment Securities Inc.
SMBC Nikko Securities America, Inc.
Standard Chartered Bank
SunTrust Robinson Humphrey, Inc.
The Huntington Investment Company
U.S. Bancorp Investments, Inc.
Westpac Capital Markets, LLC
Academy Securities, Inc.
R. Seelaus & Co., LLC
Royal Bank of Canada (the “Issuer”) has filed a registration statement (including a prospectus supplement and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read those documents and the other documents that the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the lead managers will arrange to send you the pricing supplement, the prospectus supplement, and the prospectus if you request them by contacting RBC Capital Markets, LLC toll free at 1-866-375-6829, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, J.P. Morgan Securities LLC at 1-212-834-4533, or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.