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A woman leaves a Bank of Montreal branch in downtown Vancouver, B.C., on Tuesday March 22, 2011.
A woman leaves a Bank of Montreal branch in downtown Vancouver, B.C., on Tuesday March 22, 2011.
(DARRYL DYCK/THE CANADIAN PRESS)

Why BMO would consider financing a BlackBerry buyout

To understand why Bank of Montreal might be willing to step up to the plate for Fairfax Financial Holdings Ltd. in a buyout of BlackBerry Ltd., just look back at their history.

For years now, BMO’s debt capital markets group has led Fairfax’s bond offerings – the latest of which totalled $500-million in January – and BMO has been the lead underwriter for Fairfax on a number of equity deals, such as its $238-million preferred share sale in 2012.