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Bank of Montreal
BMO today announced that its subsidiaries, BMO Financial Corp. and BMO Harris Bank N.A. have commenced cash tender offers to repurchase certain of their outstanding notes. BFC is offering to repurchase for cash any and all of its 7.500% Subordinated Notes due 2013, and BHB is offering to repurchase for cash any and all of its 4.850% Subordinated Bank Notes due 2015 and its 5.000% Subordinated Bank Notes due 2017.
The repurchase of the Notes will be funded by cash on hand.
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