Bank Of Montreal (TSE:BMO) has released an update.
The Bank of Montreal has announced its decision to redeem $1 billion Series J Medium-Term Notes, which are categorized as Non-Viability Contingent Capital and form part of the bank’s subordinated indebtedness. Investors and interested parties can access the document detailing this redemption through the National Storage Mechanism or via the bank’s official website. This financial move indicates BMO’s strategic adjustments to its capital structure and debt management.
For further insights into TSE:BMO stock, check out TipRanks’ Stock Analysis page.
