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Bank of Montreal Launches Multi-Billion Notes Offering

MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.

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MicroSectors Solactive FANG & Innovation 3X Leveraged ETN has announced that the Bank of Montreal has issued various senior notes totaling $2.5 billion, with due dates ranging from 2027 to 2030. These notes, assured by legal counsel to be valid and binding obligations, are part of a larger $42 billion securities offering as detailed in previous SEC filings. The counsel’s opinion is confined to U.S. federal and New York State laws, excluding certain provisions governed by Canadian law.

For further insights into BULZ stock, check out TipRanks’ Stock Analysis page.

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