New Issue: Bank of Montreal prices $55,000 buffered enhanced return notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Feb. 27 – Bank of Montreal priced $55,000 of 0% buffered bullish enhanced return notes due Feb. 28, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 132.5% of the ETF return. Investors will receive par if the ETF declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$55,000
Maturity:	Feb. 28, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 132.5% of any ETF gain; par if ETF falls by 15% or less; 1.1765% loss for every 1% that ETF declines beyond 15%
Initial share price:	$65.25
Pricing date:	Feb. 25
Settlement date:	Feb. 27
Agent:	BMO Capital Markets Corp.
Fees:	0.25%
Cusip:	06366RZX6

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