Bank of Montreal Trust Restructuring Talks Continue

'The potential writedowns may force the Toronto-based bank to withdraw support for a plan to restructure about C$33 billion in non-bank commercial paper that hasn't traded since August, the Globe and Mail reported today. Though the Apex and Sitka trusts aren't part of that group of funds, the bank had agreed in December to contribute to a C$14 billion credit line to support new notes that would replace the commercial paper.'