Bank of Montreal Sells $400M of Trust Capital Securities

The Bank of Montreal (BMO) sold $400 million of Trust Capital Securities-Series C (BMO BOaTS), in an offering that closed on September 18, 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, Rick Fullerton and Michael Hart. Brian P. Philbrook is BMO's in-house counsel. Jeff Barnes, Heather Zordel, Graham Turner (tax) and Dan Dishy of Fraser Milner Casgrain LLP represented the underwriting syndicate led by BMO Nesbitt Burns.


Graham Turner Michael S. Hart Heather Zordel Richard J. Fullerton Dan Dishy Jeff Barnes Deborah M. Alexander