- Very first bond of its kind from a North American bank supports Native services and neighborhoods
” At BMO, we drive development to empower our customers and reinforce our neighborhoods. As a bank with strong and lasting ties to Native neighborhoods and services throughout Canada, we are particularly honoured to get this acknowledgment and happy to have actually dealt with Cedar Leaf Capital to be the very first bank in The United States and Canada to provide an identified Native Bond.” stated John Uhren, Global Head of Sustainable Financing, BMO.
An Ecological Financing Awards judge applauded BMO for “revealing development in the bond structure in addition to the procedure for structuring it.”
The distribute for the CAD $ 200 million 4-year callable (4NC3) Fixed-to-Floating Rate Native Bond consisted of Cedar Leaf Capital Inc., Canada’s very first bulk Indigenous-owned financial investment dealership. The offering closed on October 27, 2025 and profits were assigned towards Indigenous-owned business and Native neighborhoods, as laid out in BMO’s Sustainable Bond Structure (the “Structure”).
Leveraging our Sustainable Bond Structure to develop services
About BMO Financial Group
SOURCE BMO Financial Group
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