Facebook enlists BMO, Royal Bank for IPO

Filing includes 25 banks added as underwriters

SAN FRANCISCO— Facebook Inc. added 25 banks, including Canada’s RBC Capital Markets and BMO Capital Markets Corp., to help underwrite the company’s initial public offering, meaning most of Wall Street will have a role in the share sale, according to an amended IPO filing on Wednesday.

The new banks, which also include Citigroup, Credit Suisse and Deutsche Bank, increase the number of underwriters on the deal to 31, the filing said.

Facebook also disclosed a new $5 billion (U.S.) credit facility, replacing the previous $2.5 billion credit line. The company also entered into a “bridge” credit facility, allowing it to borrow up to $3 billion, the filing showed.