BMO announces GBP 400 million floating-rate senior debt offering
BMO•Bank of Montreal plans to issue GBP 400 million of floating-rate senior notes on November 9, 2026, maturing December 9, 2027. The notes carry annual interest of SONIA + 0.42%, are priced at par, and are expected to be rated Aa2 by Moody's Canada.
1. Offering terms
Bank of Montreal plans to issue GBP 400 million of floating-rate senior notes on November 9, 2026, with maturity on December 9, 2027. The notes will carry annual interest at SONIA + 0.42%, with an issue price of 100% of nominal value and redemption at par. Moody's Canada is expected to rate the notes Aa2.
