New Issue: Bank of Montreal prices $31,000 buffered bullish enhanced notes on iShares MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., May 27 – Bank of Montreal priced $31,000 of 0% buffered bullish enhanced return notes due May 29, 2020 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 135% of any fund gain.

Investors will receive par if the fund fall by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$31,000
Maturity:	May 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 135% of any fund gain; par if fund fall by up to 15%; 1.1765% loss for each 1% decline beyond 15%
Initial level:	$67.98
Buffer level:	$57.78, 85% of initial level
Pricing date:	May 22
Settlement date:	May 29
Agent:	BMO Capital Markets Corp.
Fees:	0.25%
Cusip:	06366RK95

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