Shearman And Sterling

News July 30, 2019

Bank of Montreal’s Inaugural $500 Million Subordinated Additional Tier 1 Capital Notes Offering

Shearman & Sterling represented BMO Capital Markets, Citigroup, Goldman Sachs & Co. LLC and UBS Securities, as lead underwriters, in connection with Bank of Montreal’s inaugural registered public offering of $500 million aggregate principal amount of its 4.800 Fixed Rate Resetting Non-Cumulative Subordinated Additional Tier 1 Capital Notes (Non-Viability Contingent Capital (NVCC)).

Established in 1817, Bank of Montreal is a highly diversified financial services provider based in North America. It is the eighth-largest bank in North America by assets and serves more than 12 million customers globally.

The Team