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Published on 1/24/2013 in the Prospect News Canadian Bonds Daily and Prospect News Liability Management Daily.

Bank of Montreal calls all C$200 million of class B preferred shares

By Tali David

Minneapolis, Jan. 24 - Bank of Montreal plans to redeem all C$200 million of its noncumulative perpetual class B preferred shares series 5, according to a press release.

The shares will be redeemed at C$25 each plus accrued dividends on Feb. 25.

Established as Bank of Montreal, BMO Financial Group is a financial services company based in Montreal and Toronto.


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