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The latest update is out from Bank Of Montreal ( (TSE:BMO) ).
Bank of Montreal’s London branch has issued a pre-stabilisation notice ahead of the offering of GBP 500 million callable fixed-to-floating rate senior notes due September 2032, priced at 99.692% of nominal value. The bank, acting as stabilising manager, may conduct price-supporting transactions and over-allot securities during a stabilisation period starting 27 January 2026 and lasting up to 30 days after issuance, in line with UK and EU market abuse and prospectus regulations, underscoring its adherence to regulatory standards and its ongoing use of the sterling bond market to tap institutional and professional investors outside the general retail base.
More about Bank Of Montreal
Bank of Montreal is a major North American banking institution that provides a broad range of financial services, including retail and commercial banking, wealth management, and capital markets activities. Through its London branch, the bank serves institutional and professional investors in the UK and Europe, focusing on debt capital markets and other investment banking services under the oversight of UK and EU financial regulators.
For a thorough assessment of BMO stock, go to TipRanks’ Stock Analysis page.