Filed pursuant to Rule 433
Registration No. 333-208507
ROYAL BANK OF CANADA
MEDIUM-TERM NOTES, SERIES G
$900,000,000
SENIOR FLOATING RATE NOTES, DUE JULY 22, 2020
FINAL TERM SHEET
DATED JULY 23, 2018
Terms and Conditions
| Issuer: | Royal Bank of Canada |
| Title of the Series: | Senior Floating Rate Notes, due July 22, 2020 (the “Notes”) |
| Expected Ratings1: | Aa2 / AA- / AA (Stable / Stable / Stable) |
| Principal Amount: | $900,000,000 |
| Issue Price: | 100.000% |
| Trade Date: | July 23, 2018 |
| Settlement Date (T+2): | July 25, 2018 |
| Maturity Date: | July 22, 2020 |
| Minimum Denomination: | $1,000 and multiples of $1,000 |
| Interest Rate: | 3-month USD LIBOR plus 30 bps payable and reset quarterly |
| Fees: | 0.050% |
| Interest Payment Dates: | Quarterly on January 22nd, April 22nd, July 22nd and October 22nd of each year beginning on October 22nd, 2018 |
| Payment Convention: | Modified following business day convention, adjusted |
| Business Days: | London, New York, Toronto |
| Day Count Fraction: | Actual / 360 |
| Listing: | None |
| Optional Redemption: | None |
| CUSIP / ISIN: | 78013XRJ9 / US78013XRJ99 |
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.
| Lead Manager and Sole Book Runner: |
RBC Capital Markets, LLC
|
| Co-Managers: |
Academy Securities, Inc. Drexel Hamilton, LLC R. Seelaus & Co., Inc. Samuel A. Ramirez & Co., Inc. The Williams Capital Group, L.P. |
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 manager 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.