Legend for Bond Structuring

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Third-party costs may be incurred, which are paid directly by the client to the third party or can be facilitated by Royal Bank & Private Statutory Trust through depositing the amounts in their account. 

Insurance will be arranged by a third party introduced by Royal Bank & Private Statutory Trust, who will work with the insurance company to ensure proper organization.

Implied rating is based on the credit rating of the insurance company, which should be B- or better rated by one of the top four credit rating agencies and/or AM Best rating for insurance carriers. 

The choice of exchange listing depends on factors including the issuer's line of business and location. 

Trading initiation will be done by Royal Bank & Private Statutory Trust, making it available for purchase by institutions they work with. Selling fees apply, deducted from the capital raised at an agreed-upon percentage at the time of trading.