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Alternate Symbol(s): BMO | T.BMO.PR.W | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGD | FNGU | CARD | CARU | N.ZUEA | N.ZEBA | N.ZOCT | N.BGDV

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank... see more

TSX:BMO - Post Discussion

Bank of Montreal > to Redeem $850,000,000 2.57% Series I Medium-Term Notes

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Post by Betteryear2 on Apr 28, 2022 8:26pm

to Redeem $850,000,000 2.57% Series I Medium-Term Notes

TORONTO, April 28, 2022 /CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it intends to redeem all of its $850,000,000 2.57% Series I Medium-Term Notes Second Tranche (Non-Viability Contingent Capital) due June 1, 2027 (the "Notes"). The redemption will occur on June 1, 2022 (the "Redemption Date"). The Notes are redeemable at par together with accrued and unpaid interest to, but excluding, the Redemption Date. Interest on the Notes will cease to accrue from and after the Redemption Date.

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