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The latest update is out from Bank Of Montreal ( (TSE:BMO) ).
Bank of Montreal’s London branch has been appointed stabilising manager for a planned GBP 300 million issuance of 5.414% fixed-rate notes due 15 December 2032 by GA Global Funding Trust, priced at 99.60% of nominal value. The bank has notified the market that, in line with retained EU market abuse and stabilisation rules, it may carry out price-supporting transactions and use over-allotment facilities for up to 30 days from the expected start date of 9 January 2026, although it is under no obligation to do so; the offering is restricted to professional and qualified investors in the UK and EEA and expressly excludes any public offer or sale into the United States, underscoring the transaction’s tightly controlled regulatory and distribution framework.
More about Bank Of Montreal
Bank of Montreal, through its London branch, operates as an international financial institution providing a broad range of banking and capital markets services. In this instance, the bank is acting as stabilising manager in the European debt capital markets, supporting issuance and trading of fixed-income securities for institutional and qualified investors across the UK and EEA.
See more insights into BMO stock on TipRanks’ Stock Analysis page.