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Published on 2/11/2016 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $3.67 million buffered bullish notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Feb. 11 – Bank of Montreal priced $3.67 million of 0% buffered bullish enhanced return notes due May 10, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 250% of any index gain, up to a maximum return of par plus 23.125%.

Investors will receive par if the index falls by up to 5% and will lose 1% for each 1% decline beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Buffered bullish enhanced return notes
Underlying index:Euro Stoxx 50
Amount:$3,672,000
Maturity:May 10, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 250% of any index gain, return capped at 23.125%; par if index falls by up to 5%; exposure to losses beyond 5%
Initial level:2,879.39
Buffer level:2,735.42, 95% of initial level
Pricing date:Feb. 5
Settlement date:Feb. 10
Agent:BMO Capital Markets Corp.
Fees:0.5%
Cusip:06366R7K5

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