Bank of Montreal issues £400m senior notes via LSE

Bank of Montreal has admitted £400 million of Series 496 senior notes to the London Stock Exchange’s main market, part of a broader $4 billion note issuance program. The callable fixed-to-floating rate debt, maturing in December 2033, is not registered under the U.S. Securities Act of 1933 and is restricted to eligible counterparties and professional clients globally, excluding U.S. persons unless exempted under applicable law. Issued under the program’s terms, the notes carry an International Securities Identification Number (ISIN) of XS3496798177 and a Legal Entity Identifier (LEI) of NQQ6HPCNCCU6TUTQYE16. Final terms were published on September 11, 2026, with the prospectus originally filed on June 26, 2026 and updated on August 25, 2026. Admission to trading occurred on September 15, 2026, marking the bank’s latest capital-raising effort outside the U.S. market.