BMO to Redeem U.S. $850,000,000 4.338% Subordinated Notes (Non-Viability Contingent Capital (NVCC))

TORONTO, Aug. 8, 2023 /PRNewswire/ – Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it intends to redeem all of its U.S. .$850,000,000 4.338% Subordinated Notes (Non-Viability Contingent Capital) due October 5, 2028 (the “Notes”). The redemption will occur on October 5, 2023…