Bank of Montreal to price buffered bullish notes tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., June 6 - Bank of Montreal plans to price 0% buffered bullish enhanced return notes due June 30, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $1,000 plus double any gain in the index, subject to a maximum redemption amount of $1,225 per note.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond the 10% buffer.

The notes (Cusip: 06366RPH2) will price June 25 and settle June 28.

BMO Capital Markets Corp. will be the agent.

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