TORONTO , Sept. 9, 2019 /CNW/ – Bank of Montreal (BMO.TO) (BMO) today announced a domestic public offering of $1.0 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the “Notes”) through its Canadian Medium-Term Note Program. BMO Capital Markets is acting as lead agent on the issue. The Bank may, at its option, with the prior approval of the Office of the Superintendent of Financial Institutions Canada (the “Superintendent”), redeem the Notes on or after September 17, 2024 , at par, in whole at any time or in part from time to time, on not less than 30 days’ and not more than 60 days’ notice to registered holders, at a redemption price that is equal to par, together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

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