IFLR1000

Bank of Montreal $1.25 billion 3.8% notes issue

12/12/2017
Investment grade bond/note issue
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$ 1.25 billion

Completed

12/12/2017

Overview:

  • Bank of Montreal has issued $1.25 billion in senior notes.
  • The 3.8% notes are due 2032.
  • The bank has more than 12 million customers and is established in Canada. 
  • BMO Capital Markets, Citigroup Global Markets, Goldman Sachs and UBS Securities have acted as lead underwriters.
  • Co-managers on the deal were HSBC Securities, Merrill Lynch, Pierce, Fenner & Smith, Wells Fargo Securities, JP Morgan Securities, Morgan Stanley, Barclays Capital, Credit Suisse Securities and Desjardins Securities.

Katrin Kostadinova - Data analyst 

Jurisdictions:

Canada
United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing laws:

United States
Canada

Industry sector:

Banking

Firm:
A&O Shearman - United States

Party: BMO Capital Markets (Lead underwriter)

Party: Citigroup Global Markets Ltd (Lead underwriter)

Party: Goldman Sachs (Lead underwriter)

Party: UBS Securities (Lead underwriter)

Party: HSBC Securities (Co-manager)

Party: Merrill Lynch Pierce Fenner & Smith (Co-manager)

Party: Wells Fargo Securities (Co-manager)

Party: JP Morgan Securities (Co-manager)

Party: Morgan Stanley (Co-manager)

Party: Barclays Capital (Co-manager)

Party: Credit Suisse Securities (Co-manager)

Party: Desjardins Securities (Co-manager)

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