Shearman And Sterling

News January 10, 2022

Bank of Montreal’s $1.25 Billion Subordinated Notes (NVCC) Offering

Shearman & Sterling represented BMO Capital Markets, Goldman Sachs & Co. LLC, Morgan Stanley, BNP PARIBAS and HSBC, as lead underwriters, in connection with Bank of Montreal’s registered public offering of $1.25 billion aggregate principal amount of its 3.088% Subordinated Notes due 2037 (Non-Viability Contingent Capital (NVCC)).

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$988 billion as of October 31, 2021, 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 12 million customers.

The Team