New Issue: Bank of Montreal prices $435,000 notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 30 – Bank of Montreal priced $435,000 of 0% buffered bullish enhanced return notes due Oct. 31, 2019 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 132.5% of any ETF gain. Investors will receive par if the shares fall by up to 15% and will lose 1.1765% for each 1% that the shares decline beyond 15%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$435,000
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 132.5% of any ETF gain; par if shares fall by up to 15%; 1.1765% loss for each 1% that shares decline beyond 15%
Initial share price:	$62.82
Buffer level:	$53.40, 85% of initial share price
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	BMO Capital Markets Corp.
Fees:	0.25%
Cusip:	06366RXD2

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