Royal Bank of Canada Related Content

City National Bank Names Hammond CEO, Coffey CEO for City National Entertainment

City National Bank, a subsidiary of Royal Bank of Canada, appointed Howard Hammond to the role of CEO and Kelly Coffey to the role of CEO for City National Entertainment. Both appointments will take effect on Nov. 27. read more

HSBC Agrees to Sell Banking Business in Canada to Royal Bank of Canada for $10.1B

HSBC Holdings’ wholly-owned subsidiary, HSBC Overseas Holdings (UK) Limited, entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC) for a base cash consideration of C$13.5 billion ($10.1 billion). read more

Ritchie Bros. Acquires IAA for $7.3B

Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

Triton International Completes Transition of Debt Capital Structure

Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more

Goldman Sachs-Led Syndicate Provides $500MM Secured Loan to Wings Capital Partners

Wings Capital Partners closed a $500 million secured loan facility with a lending group consisting of Goldman Sachs Bank, Credit Agricole Securities, Natixis and the Royal Bank of Canada. Goldman Sachs Bank acted as structuring agent for the facility. read more

BofA and RBC Amend and Extend $1.045B Credit Agreement for Ritchie Bros.

Ritchie Bros. amended and extended its $1.045 billion credit agreement, with BofA Securities and RBC Capital Markets serving as joint lead arrangers and joint bookrunners, Bank of America serving as administrative agent and the Royal Bank of Canada serving as syndication agent. read more

Bank of America Agents Ritchie Bros. $630MM Credit Facilities Extension

Ritchie Bros. Auctioneers closed an amendment and extension of its credit agreement totaling $630 million with a syndicate of lenders led by Bank of America as administrative agent. read more

Citibank Agents $360MM Facility for Aircraft Lessor TrueNoord

Aircraft lessor TrueNoord has closed a new $360 million revolving warehouse finance facility with Citibank is acting as agent and security trustee on the facility. read more

Textainer Refinances $1.2B Warehouse Financing Facility

Intermodal lessor Textainer Group announced an subsidiary of the company closed on a refinancing to extend its term loan and lower the rate on it warehouse facility to acquire containers. read more

Aircastle Increases and Extends Revolving Credit Facility

Aircastle increased the size of its unsecured revolving credit facility to $675 million from $600 million and extended its maturity by one year to May 2020.  read more

Aircastle Extends $600MM Facility for Aircraft Acquisition

Aircastle announced it extended the maturity of its existing unsecured revolving credit facility with Citibank and others to $600 million for working capital, including the acquisition of aircraft. read more

SNL: RBC/City National Deal Priciest Since Financial Crisis

SNL Financial reported Royal Bank of Canada’s $5.3 billion agreement to acquire City National ranks as the most expensive large U.S. bank deal announced since the financial crisis of 2007 and 2008. read more

City National to Be Acquired by Royal Bank of Canada

City National and Royal Bank of Canada announced an agreement by which RBC will acquire City National in a deal valued at $5.4 billion. The deal is expected to close before the end of calendar 2015. read more

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