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Published on 1/23/2018 in the Prospect News Structured Products Daily.

New Issue: BMO prices $585,000 of one-year notes tied to basket of five stocks

By Susanna Moon

Chicago, Jan. 23 – Bank of Montreal priced $585,000 of notes due Jan. 29, 2019 linked to a basket of equally weighted common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying funds are Cisco Systems, Inc., General Electric Co., Coca-Cola Co., Pfizer Inc. and Verizon Communications Inc.

The payout at maturity will be par plus 97.85% of the basket return.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Notes
Underlying stocks:Cisco Systems, Inc. (Symbol: CSCO), General Electric Co. (Symbol: GE), Coca-Cola Co. (Symbol: KO), Pfizer Inc. (Symbol: PFE) and Verizon Communications Inc. (Symbol: VZ)
Amount:$585,000
Maturity:Jan. 29, 2019
Coupon:None
Price:Par
Payout at maturity:Par plus 97.85% times basket return
Initial levels:$41.30 for Cisco, $16.77 for GE, $46.88 for Coca-Cola, $36.99 for Pfizer and $51.55 for Verizon
Pricing date:Jan. 18
Settlement date:Jan. 22
Agent:BMO Capital Markets Corp.
Fees:1.65%
Cusip:06367TX70

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