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Bank of Montreal plans bullish enhanced return notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, April 20 – Bank of Montreal plans to price 0% bullish enhanced return notes due Aug. 5, 2016 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 plus triple any index gain, up to a maximum return of 23.25% to 27.75%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
BMO Capital Markets Corp. is the agent.
The notes will price on April 30 and settle on May 5.
The Cusip number is 06366RJ63.
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