New Issue: BMO prices $2.09 million buffered bullish enhanced return notes on EAFE ETF

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Bank of Montreal priced $2.09 million of 0% buffered bullish enhanced return notes due Sept. 28, 2018 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 150% of any fund gain, up to a maximum redemption amount of $1,140 for each $1,000 principal amount.

Investors will receive par if the fund falls by up to 20.5% and will be exposed to any losses beyond 20.5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$2,088,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 150% of any fund gain, with return capped at 14%; par if fund falls by up to 20.5%; otherwise, exposure to losses beyond 20.5%
Initial price:	$58.99
Buffer level:	$46.90, 79.5% of initial price
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06367TLV0

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