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Published on 2/27/2015 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $1.33 million bullish enhanced return notes linked to stocks

By Angela McDaniels

Tacoma, Wash., Feb. 27 – Bank of Montreal priced $1.33 million of 0% bullish enhanced return notes due Feb. 28, 2018 linked to an equally weighted basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Chicago Bridge & Iron Co. NV, Cummins Inc., Calpine Corp., Covanta Holding Corp., DCP Midstream Partners, LP, Enterprise Products Partners LP, First Solar, Inc., Magellan Midstream Partners, LP, Navistar International Corp., NextEra Energy, Inc., SolarCity Corp., SunPower Corp., Trinity Industries, Inc., Tesla Motors, Inc. and Union Pacific Corp.

If the basket return is positive, the payout at maturity will be par plus 132.5% of the basket return. If the basket return is negative, investors will be fully exposed to the decline.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Bullish enhanced return notes
Underlying stocks:Chicago Bridge & Iron Co. NV, Cummins Inc., Calpine Corp., Covanta Holding Corp., DCP Midstream Partners, LP, Enterprise Products Partners LP, First Solar, Inc., Magellan Midstream Partners, LP, Navistar International Corp., NextEra Energy, Inc., SolarCity Corp., SunPower Corp., Trinity Industries, Inc., Tesla Motors, Inc. and Union Pacific Corp., equally weighted
Amount:$1,325,000
Maturity:Feb. 28, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 132.5% of any basket gain; full exposure to any basket decline
Pricing date:Feb. 25
Settlement date:Feb. 27
Agent:BMO Capital Markets Corp.
Fees:None
Cusip:06366RB20

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