BMO Announces Redemption of $1.25 Billion Medium-Term Notes

MicroSectors Solactive FANG & Innovation 3X Leveraged ETN ( (BULZ) ) just unveiled an announcement.

On May 6, 2025, Bank of Montreal announced its intention to redeem all of its $1,250 million Series J Medium-Term Notes, which are due on June 17, 2030. The redemption, approved by the Office of the Superintendent of Financial Institutions, will occur on June 17, 2025, and will be executed at a redemption price equal to 100% of the principal amount, plus accrued and unpaid interest. This strategic financial move is expected to impact BMO’s financial structuring and stakeholder relations positively.

More about MicroSectors Solactive FANG & Innovation 3X Leveraged ETN

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. It provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services to 13 million customers across Canada, the United States, and select global markets. BMO is committed to fostering a thriving economy, sustainable future, and inclusive society.

Average Trading Volume: 241,677

Current Market Cap: $883.4M

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