MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN has announced that the Bank of Montreal, in compliance with regulatory requirements, is set to issue $750 million in 7.300% Fixed Rate Reset Limited Recourse Capital Notes, Series 5. These securities, registered with the SEC, are underwritten by major financial institutions and will be supported by additional Preferred Shares and Common Shares upon specific trigger events. The agreement specifies that the information provided therein is for transaction purposes and should not be considered a factual representation of the Bank’s status.
For further insights into BULZ stock, check out TipRanks’ Stock Analysis page.
