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BRIEF-Bank of Montreal announces preferred share issue

Published 2017-06-20, 09:16 a/m
© Reuters.  BRIEF-Bank of Montreal announces preferred share issue
BMO
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June 20 (Reuters) - Bank Of Montreal BMO.TO

* Bank of Montreal announces preferred share issue

* Bank of Montreal - announced a domestic public offering of $400 million of non-cumulative 5-year rate reset Class B preferred shares series 42

* Bank of Montreal - preferred shares series 42 will be issued to public at a price of $25.00 per share

* Bank of Montreal - holders will be entitled to receive non-cumulative preferential fixed quarterly dividends for initial period to August 25, 2022 Source text for Eikon: ID:nCNWVMlLwa Further company coverage: BMO.TO

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