Bank of Montreal plans to price buffered bullish booster notes linked to SPDR Gold Trust

By Angela McDaniels

Tacoma, Wash., April 1 - Bank of Montreal plans to price 0% buffered bullish booster notes due April 30, 2013 linked to the SPDR Gold Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the final price of the trust is at least 85% of the initial price, the payout at maturity will be par plus the trust's return, subject to a minimum return of 5% and a maximum return of 15%.

If the final price of the trust is less than 85% of the initial price, the payout will be par plus the trust's return.

The notes (Cusip: 06366QGB7) are expected to price April 26 and settle April 29.

BMO Capital Markets Corp. is the agent.

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