Bank of Montreal plans buffered bullish notes on iShares MSCI EAFE

By Susanna Moon

Chicago, Nov. 5 – Bank of Montreal plans to price 0% buffered bullish enhanced return notes due Nov. 29, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 133.5% of any fund gain.

Investors will receive par if the fund falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

BMO Capital Markets Corp. is the agent.

The notes will price on Nov. 24 and settle on Nov. 28.

The Cusip number is 06366RXY6.

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