Bank of Montreal closes domestic public offering of preferred shares

Date Closed

April 17, 2019

Lead Office

Toronto

Value

350.00 Million CAD

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.

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