New Issue: BMO prices $1.17 million buffered bullish enhanced notes on MSCI EAFE fund

Chicago, Jan. 4 – Bank of Montreal priced $1.17 million of 0% buffered bullish enhanced return notes due Dec. 28, 2020 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 double any fund gain, up to a maximum return of $1,163 per $1,000 of notes.

Investors will receive par if the fund falls by up to 15% and will lose 1% for each 1% decline beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	iShares MSCI EAFE exchange-traded fund
Amount:	$1,171,000
Maturity:	Dec. 28, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 16.3%; par if index falls by up to 15%; exposure to losses beyond 15%
Initial price:	$58.58
Buffer level:	$49.79, 85% of initial level
Pricing date:	Dec. 20
Settlement date:	Dec. 26
Agent:	BMO Capital Markets Corp.
Fees:	0.8% Cusip:	06367WFQ1

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