Bank of Montreal Closes $2.25 Billion SEC-Registered Offering

April 13, 2018

S&C client Bank of Montreal (BMO) closed an SEC-registered offering of its senior medium-term notes, Series D, consisting of $1.5 billion aggregate principal amount of 3.100% senior notes due 2021 and $750 million aggregate principal amount of floating rate notes due 2021. 

With total assets of C$727.9 billion as of January 31, BMO 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 Mario Schollmeyer and Conlon Danberg. Steven Mermelstein and Erin Kim provided valuable support. Eric Wang, along with David Simins advised on tax matters. Jeffrey Hochberg, along with Andrew Motten advised on ERISA matters.