Monday, June 18, 2007

Bank of Montreal plans C$1.2 billion debt issue

(Reuters) - Interest is payable semi-annually at 5.20 percent until
June 21, 2012, and at a floating rate equal to the rate on
three-month Bankers' Acceptances plus 1 percent, paid quarterly
thereafter to maturity.




The issue, which is expected to close on June 21, will add
to the bank's Tier 2 capital base, BMO said.


Read more at Reuters.com Bonds News

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