New Issue: Bank of Montreal sells $12,000 upside booster notes tied to Euro Stoxx

By Devika Patel

Knoxville, Tenn., Dec. 4 – Bank of Montreal priced $12,000 of 0% upside booster notes with barrier due Nov. 30, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than 17%, the payout at maturity will be par plus the index return.

If the index return is between negative 10% and positive 17%, inclusive, the payout will be par plus 17%.

If the index return is less than negative 10%, investors will have one-to-one exposure to the index’s decline from its initial level.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Upside booster notes with barrier
Underlying index:	Euro Stoxx 50
Amount:	$12,000
Maturity:	Nov. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than 17%, par plus index return; if index return is between negative 10% and positive 17%, inclusive, par plus 17%; if index return is less than negative 10%, one-to-one exposure to index’s decline from initial level
Initial level:	3,409.6
Barrier level:	3,068.64, 90% of initial level
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agent:	BMO Capital Markets Corp.
Fees:	1.2%
Cusip:	06366R4C6

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