Nachrichten September 25, 2023

Bank of Montreal’s $2.5 Billion Medium-Term Notes Offering

Shearman & Sterling represented BMO Capital Markets, BofA Securities, Goldman Sachs & Co. LLC, J.P. Morgan and Societe Generale, as lead underwriters, in connection with Bank of Montreal’s registered public offering of $2.5 billion of medium-term notes, comprised of $1.2 billion aggregate principal amount of its 5.920% Senior Notes due 2025, $1 billion aggregate principal amount of its 5.717% Senior Notes due 2028 and $300 million aggregate principal amount of its Floating Rate Notes due 2025, under its U.S. medium-term note program.

Serving customers for 200 years and counting, Bank of Montreal is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of C$1.25 trillion as of July 31, 2023, and a team of diverse and highly engaged employees, Bank of Montreal provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 13 million customers.

The Team