The Bank of Montreal (BMO) has announced its intention to redeem all its US$1,000,000,000 Series J Medium-Term Notes (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) First Tranche, due 27th September 2029.
The bank will redeem the notes on 17th September 2024, at 100% of the principal amount plus accrued and unpaid interest up to, but excluding, the redemption date. Notice will be delivered to holders of the notes in accordance with the related indenture.
The redemption has been approved by the Office of the Superintendent of Financial Institutions.
©Markets Media Europe 2024
