• BMO priced a USD 1 billion NVCC Additional Tier 1 (AT1) Limited Recourse Capital Notes, Series 7 offering.
• Notes pay 7.375% annually, quarterly, through Nov. 26, 2036.
• Rate resets every five years at the 5-year U.S. Treasury rate + 2.579%.
• Matures Nov. 26, 2086; expected to close Sept. 16, 2026.
• Proceeds earmarked for general banking purposes; expected to qualify as Additional Tier 1 capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BMO - Bank of Montreal published the original content used to generate this news brief via CNW (Ref. ID: 202609081705CANADANWCANADAPR_C2756) on September 08, 2026, and is solely responsible for the information contained therein.