New Issue: Bank of Montreal prices $1.3 million bullish enhanced return notes on Euro Stoxx 50

By Tali Rackner

Norfolk, Va., July 7 – Bank of Montreal priced $1.3 million of 0% bullish enhanced return notes due Oct. 6, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of $1,213 per $1,000 principal amount.

Investors will be exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$1,303,000
Maturity:	Oct. 6, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, maximum payout of $1,213 per $1,000 principal amount; exposure to any losses
Initial level:	3,463.25
Pricing date:	July 2
Settlement date:	July 8
Agent:	BMO Capital Markets Corp.
Fees:	0.5%
Cusip:	06366RR72

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