New Issue: Bank of Montreal sells $143,000 buffered bullish notes linked to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., June 9 – Bank of Montreal priced $143,000 of 0% buffered bullish enhanced return notes due Nov. 30, 2017 linked the 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 double any index gain, up to a maximum redemption amount of $1,155 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$143,000
Maturity:	Nov. 30, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus double any index gain, capped at 7.75%; par if index declines by up to 10%; exposure to any losses beyond 10%
Initial level:	3,071.21
Buffer level:	2,764.09, 90% of initial level
Pricing date:	May 26
Settlement date:	May 31
Agent:	BMO Capital Markets Corp.
Fees:	1.5%
Cusip:	06367TEM8

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