Shearman & Sterling represented Barclays Capital, BMO Capital Markets, J.P. Morgan and RBS Securities as lead managers and representatives of the several dealers in connection with Bank of Montreal’s offering of $2 billion aggregate principal amount of 1.300% Covered Bonds due 2014, issued under the Bank’s €10 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. With total assets of $477 billion as of July 31, 2011, and more than 47,000 employees, the Bank serves 13 million personal, commercial, corporate and institutional customers in North America and internationally.

The Shearman & Sterling team included partner Jason Lehner (Toronto-Capital Markets) and associates Kevin Roggow (Toronto-Capital Markets) and Jacob Wilson (Toronto-Capital Markets).