BMO · Bank of Montreal

Summary

Bank of Montreal issued US$1,250,000,000 principal amount of 4.338% Fixed/Floating Rate Senior Notes due 2030 under its shelf registration on Form F-3. U.S. counsel Sullivan & Cromwell LLP and Canadian counsel Osler, Hoskin & Harcourt LLP provided opinions confirming the validity, enforceability, and due authorization of the Notes and related Indenture.

Key takeaways

• Issued US$1,250,000,000 4.338% Fixed/Floating Rate Senior Notes due 2030.
• Pursuant to Indenture dated January 25, 2010, supplemented September 23, 2018 and August 14, 2025, with Computershare Trust Company, N.A. as trustee.
• Legal opinions filed as Exhibits 5.1 (Sullivan & Cromwell LLP, U.S./NY law) and 5.2 (Osler, Hoskin & Harcourt LLP, Ontario/Canada law).