Bank of Montreal today announced an offering of $200 million worth of preferred shares yielding 5.8% at the issue price of $25 per share.The underwriters, led by BMO Capital Markets, have an option to expand the issue to $250 million, the bank said.BMO, which said the proceeds will be used for general corporate purposes, can […]
Largest initial public offering in U.S. history
Series 18 shares are offered at $25
Transaction expected to close March 11
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