New Issue: Bank of Montreal prices $703,000 buffered bullish notes on iShares EAFE

By Marisa Wong

Madison, Wis., Nov. 27 - Bank of Montreal priced $703,000 of 0% buffered bullish return notes due Nov. 27, 2015 linked to the iShares MSCI EAFE exchange-traded 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, up to a maximum return of 13%.

Investors will receive par if the fund falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish return notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$703,000
Maturity:	Nov. 27, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any fund gain, up to maximum return of 13%; par if shares fall by up to 20%; 1% loss for every 1% drop beyond 20%
Initial share price:	$66.15
Buffer level:	$52.92, 80% of initial level
Pricing date:	Nov. 22
Settlement date:	Nov. 27
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06366RRZ0

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