New Issue: Bank of Montreal prices $822,000 market-linked notes linked to Nasdaq-100

By Angela McDaniels

Tacoma, Wash., Jan. 25 – Bank of Montreal priced $822,000 of 0% market-linked notes due Feb. 3, 2025 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 14.5%. If the final index less is less than or equal to the initial index level, the payout will be par.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Market-linked notes
Underlying index:	Nasdaq-100 index
Amount:	$822,000
Maturity:	Feb. 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return, subject to maximum return of 14.5%; if final index less is less than or equal to initial index level, par
Initial level:	13,245.99
Pricing date:	April 28, 2023
Settlement date:	May 3, 2023
Agent:	BMO Capital Markets Corp.
Fees:	0.422%
Cusip:	06374VRU2

© 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.