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Published on 6/28/2018 in the Prospect News Structured Products Daily.

New Issue: BMO sells $646,000 buffered bullish enhanced notes on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., June 28 – Bank of Montreal priced $646,000 of 0% buffered bullish enhanced return notes due Sept. 30, 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 300% of any index gain, up to a maximum return of 19%.

Investors will receive par if the index falls by up to 5% and will lose 1% for every 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:$646,000
Maturity:Sept. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any index gain, capped at 19%; par if the index falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial level:3,368.72
Pricing date:June 26
Settlement date:June 29
Agent:BMO Capital Markets Corp.
Fees:0.5%
Cusip:06367T6L9

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