Bank of Montreal plans contingent risk notes tied to iShares MSCI EAFE

By Susanna Moon

Chicago, Oct. 16 - Bank of Montreal plans to price 0% contingent risk absolute return notes due April 29, 2014 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the fund.

If the shares finish at or above the 71.5% to 74.5% barrier level, the payout will be par plus the absolute value of the return. The exact deal terms will be set at pricing.

Otherwise, investors will be fully exposed to any losses.

BMO Capital Markets Corp. is the agent.

The notes will price on Oct. 24 and settle on Oct. 29.

The Cusip number is 06366RJD8.

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