New Issue: BMO prices $2.15 million booster notes linked to index basket

By Wendy Van Sickle

Columbus, Ohio, July 6 – Bank of Montreal priced $2.15 million of 0% booster notes due July 5, 2024 linked to an equally weighted basket of the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket increases by more than 1%, the payout at maturity will be par plus the gain of the basket, capped at 8.1%.

If the final basket level is less than or equal to 101% of the initial level, the payout will be par plus 1%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Booster notes
Basket components:	Dow Jones industrial average and S&P 500 index, 50% weights
Amount:	$2,145,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the basket gains by more than 1%, par plus the gain of the basket, capped at 8.1%; if the final basket level is less than or equal to 101% of the initial level, par plus 1%
Initial levels:	30,775.43 for Dow and 3,785.38 for S&P
Pricing date:	June 30
Settlement date:	July 6
Agent:	BMO Capital Markets Corp.
Fees:	2%
Cusip:	06368GWG8

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