New Issue: Bank of Montreal prices $579,000 digital return notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 29 – Bank of Montreal priced $579,000 of 0% buffered bullish digital return notes due Oct. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus 25%. Investors will receive par if the index falls by 15% or less and will lose 1% for each 1% that the index declines beyond 15%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish digital return notes
Underlying index:	Euro Stoxx 50
Amount:	$579,000
Maturity:	Oct. 31, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, par plus 25%; par if index falls by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial index level:	3,771.45
Buffer level:	3,205.73, 85% of initial level
Pricing date:	April 27
Settlement date:	April 30
Agent:	BMO Capital Markets Corp.
Fees:	3%
Cusip:	06366RH99

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