Bank of Montreal closes domestic public offering of preferred shares

On April 17, 2019, The Bank of Montreal announced that it had completed a domestic public offering of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 46. The shares, which are traded on the TSX, were issued under a prospectus supplement dated April 10, 2019, to the Bank's short form base shelf prospectus dated May 23, 2018.

BMO Nesbitt Burns, a leading Canadian investment and wealth management services provider and subsidiary of the Bank of Montreal, acted as underwriter in this transaction.

McCarthy Tétrault advised BMO Nesbitt Burns with a team led by Barry Ryan, that included Andrew Parker, Matt Harris, Shauvik Shah, and Gabrielle Richards.