Fitch Rates Royal Bank of Canada, Sydney Branch's Senior Unsecured Note Issuance 'AA'

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA' rating to Royal Bank of Canada, Sydney Branch's Australian Dollar senior unsecured notes. The rating is equalized with the ratings of The Royal Bank of Canada (RY), which was last affirmed on Jan. 23, 2015 following Fitch's Canadian Bank peer review. The Royal Bank of Canada, Sydney Branch is a branch of RY. As such, senior unsecured issuances of the Royal Bank of Canada, Sydney Branch would rank pari passu with other senior unsecured

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