Norton Rose Fulbright acts for the biggest Kangaroo Note Issuer in 2015

Business August 07, 2015

A cross-border Norton Rose Fulbright team from Sydney and London has advised the Sydney branch of Royal Bank of Canada (RBC) on its five-year A$1.1 billion fixed and floating notes under its Australian Debt Issuance Programme.

The Notes, issued today, form part of RBC’s US$40 billion global Programme for the Issuance of Securities. They are settled in Australia’s domestic clearing system, Austraclear, and indirectly in Euroclear and Clearstream.

RBC has now issued a total of A$2.3 billion of fixed and floating notes this year, making it the biggest issuer in the Kangaroo market so far this year.

Sydney partner Tessa Hoser commented:

“We were delighted to be able to act again for RBC in another A$1 billion-plus transaction. RBC has established itself as a leading issuer in the Kangaroo market and this transaction shows the continued appetite amongst fixed income investors for top issuers.”

The team, led by Tessa Hoser and partner Peter Noble in London, was assisted by Vittorio Casamento in Sydney and Alison Hutchings in London.

For more information, contact:

Alex Boxsell, Manager Corporate Communications, Norton Rose Fulbright in Australia
Tel: 02 9330 8165 Mob: 0414 985 556
alex.boxsell@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright is a global legal practice. We provide the world’s pre-eminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.

Law around the world nortonrosefulbright.com