{"id":313408,"date":"2014-06-06T10:55:00","date_gmt":"2014-06-06T15:55:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/bmo-completes-400m-preferred-share-issue\/"},"modified":"2014-06-06T10:55:00","modified_gmt":"2014-06-06T15:55:00","slug":"bmo-completes-400m-preferred-share-issue","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/industry-news\/bmo-completes-400m-preferred-share-issue\/","title":{"rendered":"BMO completes $400M preferred share issue"},"content":{"rendered":"<p> Bank of Montreal (<a href=\"http:\/\/tools.investmentexecutive.com\/stock\/s_ca?cobrandId=96&amp;culture=en-CA&amp;t=0P000067YX&amp;region=CAN\">TSX:BMO<\/a>) Friday announced it has closed its domestic public offering of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 29.<\/p>\n<p> The offering was underwritten on a bought deal basis by a syndicate led by BMO Capital Markets.<\/p>\n<p> BMO issued 16 million Preferred Shares Series 29 at a price of $25 per share to raise gross proceeds of $400 million.<\/p>\n<p> The shares began trading on the Toronto Stock Exchange Friday under the ticker symbol BMO.PR.T.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preferred Shares Series 29 now trading on TSX<\/p>\n","protected":false},"author":38954,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2318],"tags":[3506],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/313408"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/38954"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=313408"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/313408\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=313408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=313408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=313408"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=313408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}