BMO plans buffered bullish enhanced return notes linked to Euro Stoxx

By Devika Patel

Knoxville, Tenn., March 23 – Bank of Montreal plans to price 0% buffered bullish enhanced return notes due June 28, 2019 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 an expected $1,295 for each $1,000 of notes. The exact cap will be set at pricing.

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

BMO Capital Markets Corp. is the agent.

. The notes (Cusip: 06367T4B3) are expected to price on March 26 and settle on March 29.

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