BMO targets sterling in senior funding frenzy

By Tyler Davies
03 Oct 2017

Bank of Montreal (BMO) opened books on its first senior deal in sterling in nearly four years on Tuesday, having been very active in the capital markets in recent sessions.

The Canadian bank raised $2.5bn across four tranches of senior unsecured debt at the beginning of September, before printing its only outstanding senior bond in euros on September 21 — a €1bn four year floating rate note ...

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