RBC Capital Markets Appoints Francisco Gonzalez to U.S. Municipal Finance Group

NEW YORK, Nov. 3 /PRNewswire-FirstCall/ - RBC Capital Markets today announced the appointment of Francisco Gonzalez to its U.S. Municipal Finance Group. He joins as a managing director based in New York, and will report to Jim Tricolli, head of the group's East region.

In his new role, Gonzalez will work primarily in the Large Issuer group, responsible for covering large municipal issuers and infrastructure clients along the U.S. East Coast and Mid-Atlantic states, as well as Puerto Rico. In addition to this mandate, Gonzalez will also work on Public-Private Partnerships (P3) and Infrastructure projects, coordinating closely with the firm's Infrastructure Finance business. He joins one of the largest Municipal Finance practices in the U.S., with more than 340 professionals based in 26 cities.

Gonzalez joins RBC Capital Markets from Goldman Sachs, where he spent 19 years, most recently as a managing director in the firm's Public Sector and Infrastructure group. In that role, he was responsible for leading teams with coverage responsibility for Pennsylvania, Connecticut, Massachusetts and other Northeast states, and Puerto Rico. In the area of P3 advisory and infrastructure finance, he led or participated in major toll road assignments in the U.S., Mexico, Brazil and Puerto Rico.

"We are pleased to have such a deeply seasoned professional like Francisco join RBC Capital Markets as we continue to further enhance our position as one of the 'Big Seven' municipal finance firms in the United States," said Chris Hamel, RBC Capital Markets' head of Municipal Finance. "Francisco's expertise in working with large municipal issuers will be instrumental in our efforts to best utilize RBC's powerful distribution capabilities to serve the needs of public sector and infrastructure clients."

RBC Capital Markets' U.S. Municipal Finance Group provide products and services annually to hundreds of municipal issuers across a broad range of sectors including healthcare, higher education, student housing, education, public power, special districts, student loans and transportation. The firm is one of the country's most active underwriters of municipal bonds in terms of total number of senior managed issues, underwriting hundreds of issues annually.

About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada (TSX: RY; NYSE: RY) and is active globally in debt and equity origination, sales and trading, foreign exchange, infrastructure finance, and structured products across a number of industry sectors. Its North American platform includes a significant U.S. investment banking franchise and leading equity and fixed income underwriting, sales, trading and research businesses.

SOURCE RBC