TORONTO, ONTARIO–(Marketwired – Oct. 13, 2016) –
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that as a result of strong investor demand for its previously announced domestic public offering of $350 million of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 38 (Non-Viability Contingent Capital (NVCC)), the size of the offering has been increased to $600 million. As announced earlier today, the revised offering will be underwritten on a bought-deal basis by a syndicate led by BMO Capital Markets.
Ralph Marranca, Toronto
(416) 867-3996
ralph.marranca@bmo.com
Frederic Tremblay, Montreal
(514) 877-1873
frederic1.tremblay@bmo.com
For Investor Relations Enquiries:
Jill Homenuk, Toronto
(416) 867-4770
jill.homenuk@bmo.com
Christine Viau, Toronto
(416) 867-6956
christine.viau@bmo.com
Internet: www.bmo.com