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Published on 3/31/2016 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $101,000 upside booster notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 31 – Bank of Montreal priced $101,000 of 0% upside booster notes with barrier due March 29, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains by more than the 21% booster the payout at maturity will be par plus the index return.

If the index gains by up to the booster or falls by up to 10%, the payout will be par plus the booster.

If the index finishes below the 90% barrier level, investors will be fully exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Upside booster notes with barrier
Underlying index:Euro Stoxx 50
Amount:$101,000
Maturity:March 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If return is greater than 21%, par plus index return; if return is between negative 10% and positive 21%, inclusive, par plus 21%; if return is less than negative 10%, one-to-one exposure to index’s decline from initial level
Initial level:3,004.87
Barrier level:2,704.38, 90% of initial level
Pricing date:March 29
Settlement date:March 31
Agent:BMO Capital Markets Corp.
Fees:1.2%
Cusip:06367TBL3

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