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Published on 9/2/2015 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $509,000 digital plus notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 2 – Bank of Montreal priced $509,000 of 0% buffered bullish digital plus notes due Aug. 30, 2019 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 the greater of the index return and 25%. Investors will receive par if the index falls by 10% or less and will lose 1% for each 1% that the index declines beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Buffered bullish digital plus notes
Underlying index:Euro Stoxx 50
Amount:$509,000
Maturity:Aug. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus greater of index return and 25%; par if index falls by 10% or less; 1% loss for each 1% that index declines beyond 10%
Initial index level:3,170.73
Pricing date:Aug. 26
Settlement date:Aug. 31
Agent:BMO Capital Markets Corp.
Fees:2.5%
Cusip:06366RV44

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