January 06, 2023

Bank of Montreal Closes C$2.6 Billion Public Equity Offering and Private Placement

Paul, Weiss advised the underwriters, led by BMO Capital Markets Corp., in Bank of Montreal’s public offering of common shares and concurrent private placement at a price of C$118.60 ($87) per common share, for gross proceeds of approximately C$2.6 billion ($1.92 billion).

Bank of Montreal is a highly diversified financial services provider, providing a broad range of personal and commercial banking, wealth management and investment banking products and services to approximately 12 million customers.

The Paul, Weiss team included corporate partner Christopher Cummings and counsel Christian Kurtz, and tax partner David Mayo.