Bank of Montreal Announces Changes to Diversified Trust
TORONTO, ONTARIO--(Marketwire - March 21, 2012) - Bank of Montreal (the "Bank") today announced that Diversified Trust, a Bank securitization vehicle, no longer intends to issue asset-backed commercial paper ("ABCP") maturing past June 15, 2012. The Bank's on-going funding through Summit Trust, another Bank securitization vehicle, and its commitment to the multi-seller ABCP Trusts, administered by BMO Nesbitt Burns Inc., are unaffected by today's announcement.
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