TORONTO, ONTARIO--(Marketwired - Nov. 28, 2014) - BMO Capital Trust (the "Trust"), a subsidiary of Bank of Montreal, today announced its intention to redeem at par all of its Trust Capital Securities - Series D ("BMO BOaTS - Series D"), on December 31, 2014. The BMO BOaTS - Series D are redeemable at the Trust's option from December 31, 2014, at a redemption amount equal to $1,000 plus unpaid indicated distributions. Notice will be delivered to BMO BOaTS - Series D holders in accordance with the terms outlined in the BMO BOaTS - Series D prospectus.
After December 31, 2014, holders of BMO BOaTS - Series D will be entitled only to receiving the redemption price and will no longer be entitled to indicated distributions and exercising any other rights.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had total assets exceeding $586 billion and approximately 47,000 employees at July 31, 2014.
