New Issue: BMO sells $55,000 buffered bullish enhanced return notes on Nasdaq 100

By Marisa Wong

Los Angeles, Oct. 13 – Bank of Montreal priced $55,000 of 0% buffered bullish enhanced return notes due March 31, 2022 linked to the Nasdaq 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any index gain, capped at par plus 13.7%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the 10% buffer.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	Nasdaq 100 index
Amount:	$55,000
Maturity:	March 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, capped at par plus 13.7%; par if index falls by up to 10%; otherwise, 1% loss for every 1% drop beyond 10%
Initial level:	11,151.130
Buffer level:	10,036.017, 90% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	BMO Capital Markets Corp.
Fees:	1.5%
Cusip:	06367W4P5

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