Published on 4/21/2023 in the Prospect News Structured Products Daily.
New Issue: BMO prices $2.04 million market-linked notes linked to Nasdaq-100
By William Gullotti
Buffalo, N.Y., April 21 – Bank of Montreal priced $2.04 million of 0% market-linked notes due Jan. 6, 2025 linked to the performance of the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, subject to a maximum return of par plus 15.2%.
Otherwise, investors will receive par.
BMO Capital Markets Corp. is the agent.
| Issuer: | Bank of Montreal
|
| Issue: | Market-linked notes
|
| Underlying index: | Nasdaq-100 index
|
| Amount: | $2,042,000
|
| Maturity: | Jan. 6, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain up to 15.2%; otherwise, par
|
| Initial index level: | 13,181.35
|
| Pricing date: | March 31
|
| Settlement date: | April 5
|
| Agent: | BMO Capital Markets Corp.
|
| Fees: | 0.4242%
|
| Cusip: | 06374VQ74
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
