Shearman & Sterling represented Barclays Capital, BMO Capital Markets, BofA Merrill Lynch and J.P. Morgan as lead managers and representatives of the several dealers in connection with Bank of Montreal’s offering of $1.5 billion aggregate principal amount of 2.625% Covered Bonds due 2016, issued under the Bank’s €7 billion Global Public Sector Covered Bond Programme.

Bank of Montreal commenced business in 1817 and was incorporated in 1821 as the first Canadian chartered bank. The Bank maintains approximately 1,230 branches in Canada and the United States and operates internationally in major financial markets and trading areas through its offices in eight other countries.