Bank of Montreal Closes $1.25 Billion SEC-Registered Offering of Senior Medium-Term Notes

December 12, 2016

S&C advised Bank of Montreal (BMO) in closing an SEC-registered offering of its senior medium-term notes, Series C consisting of $1 billion principal amount of 2.100% senior notes due 2019 and $250 million principal amount of floating rate notes due 2019.

BMO, a major Canadian bank with total assets of $688 billion as of October 31, provides a broad range of retail banking, wealth management and investment banking products and solutions. S&C acted as U.S. counsel for BMO.

The S&C team was led by Robert Buckholz, along with Chenjing Shen. Eric Wang, Saul Brander and Slki Hong advised on tax matters. Andrew Motten and Saul Brander advised on ERISA matters.