Bank of Montreal

Bank of Montreal in its $15 million credit facility agreements with Royal Canadian Mortgage Investment Corporation and Royal Canadian 1st Mortgage Investment Corporation

Client

Bank of Montreal

Value

$15 million

Service

Financial Services

Date Closed

June 2021

Industry

Banking & Financial Services

Lead Office

Toronto

 

On June 30, 2021, Bank of Montreal announced a $10 million credit facility agreement with Royal Canadian Mortgage Investment Corporation and a $5 million credit facility agreement with Royal Canadian 1st Mortgage Investment Corporation.

The Bank of Montreal is a Canadian multinational investment bank and financial services company.

Royal Canadian Mortgage Investment Corporation provides stable and secure cash distributions from its direct and indirect investments in Mortgage loans in its target market segments.

Osler, Hoskin & Harcourt LLP advised Bank of Montreal with a team consisting of Joyce Bernasek, Timothy Shin and Elizabeth Mpermperacis (Financial Services).