Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Bank Of Montreal ( (TSE:BMO) ) has provided an update.
Bank of Montreal’s London branch has announced a pre-stabilisation notice for a €1.5 billion covered bond issuance maturing in January 2031, priced at 99.945% of nominal value, with no guarantor. The bank’s London branch, acting as stabilising manager, may conduct price-supporting transactions and over-allotment during a stabilisation period starting 14 January 2026 and lasting up to 30 days after issuance, in line with UK and EU regulatory standards; the offer is targeted exclusively at professional and qualified investors in the UK and EEA and explicitly excludes any public offer or sales into the United States.
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 is active in international funding and debt capital markets, issuing instruments such as covered bonds to institutional investors in Europe and the UK.
Find detailed analytics on BMO stock on TipRanks’ Stock Analysis page.