$400M BMO BOaTS Sold

The Bank of Montreal (BMO) sold $400 million of Trust Capital Securities-Series B (BMO BOaTS), in an offering that closed on March 13, 2001. The offering provides BMO, as the holder of certain securities of BMO Capital Trust—a closed-end unit trust—with a method of raising Tier 1 capital for Canadian bank regulatory purposes.

The Osler, Hoskin & Harcourt LLP team for BMO and BMO Capital Trust was comprised of Debbie Alexander, Jim Lisson, Rick Fullerton and Michael Hart. Brian P. Philbrook is BMO’s in-house counsel. Jeff Barnes, Heather Zordel and Dan Dishy of Fraser Milner Casgrain LLP represented the underwriting syndicate led by BMO Nesbitt Burns Inc.


Michael S. Hart Heather Zordel Richard J. Fullerton Dan Dishy Jeff Barnes James H. Lisson Deborah M. Alexander