BMO Financial Group

TSX : BMO
NYSE : BMO


BMO Financial Group

May 28, 2014 13:52 ET

Bank of Montreal Announces Increase to Preferred Share Issue

TORONTO, ONTARIO--(Marketwired - May 28, 2014) -

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Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that as a result of strong investor demand for its previously announced domestic public offering of $250 million of Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 29, the size of the offering has been increased to $400 million. As announced earlier today, the offering will be underwritten on a bought deal basis by a syndicate led by BMO Capital Markets.

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