11:47 AM EST - Bank of Montreal : Has closed its domestic public offering of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 40 (Non-Viability Contingent Capital (NVCC). The offering was underwritten on a bought-deal basis by a syndicate of underwriters led by BMO Capital Markets. Bank of Montreal issued 20 million Preferred Shares Series 40 at a price of $25 per share to raise gross proceeds of $500 million. Bank of Montreal
shares T.BMO are trading up $0.17 at $103.23.