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Published on 10/1/2015 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $245,000 buffered bullish notes on iShares MSCI EAFE

By Susanna Moon

Chicago, Oct. 1 – Bank of Montreal priced $245,000 of 0% buffered bullish enhanced return notes due Dec. 30, 2016 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 200% of any fund gain, up to a maximum return of 18%.

Investors will receive par if the fund falls by up to 5% and will lose 1% for each 1% decline beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Buffered bullish enhanced return notes
Underlying fund:iShares MSCI EAFE ETF
Amount:$245,000
Maturity:Dec. 30, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 18%; par if fund falls by up to 5%; exposure to losses beyond 5%
Initial level:$57.46
Pricing date:Sept. 25
Settlement date:Sept. 30
Agent:BMO Capital Markets Corp.
Fees:None
Cusip:06366R2K0

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