New Issue: Bank of Montreal sells $378,000 buffered bullish notes on iShares EAFE

By Wendy Van Sickle

Columbus, Ohio, Feb. 29 – Bank of Montreal priced $378,000 of buffered bullish enhanced return notes due May 31, 2017 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 double any fund gain, up to a maximum return of 21%.

Investors will receive par if the fund falls by up to 5% and will be exposed to losses beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying fund:	iShares MSCI EAFE exchange-traded fund
Amount:	$378,000
Maturity:	May 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, up to a maximum return of 21%; par if index falls by up to 5%; exposure to losses beyond 5%
Initial price:	$53.45
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06367TAU4

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