New Issue: Bank of Montreal prices $95,000 upside booster notes on Euro Stoxx 50

By Tali Rackner

Norfolk, Va., March 3 – Bank of Montreal priced $95,000 of 0% upside booster notes with barrier due Feb. 28, 2019 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 18%, the payout at maturity will be par plus the return.

If the return is between negative 10% and positive 18%, inclusive, the payout will be par plus 18%.

If the 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:	$95,000
Maturity:	Feb. 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If return is greater than 18%, par plus index return; if return is between negative 10% and positive 18%, inclusive, par plus 18%; if return is less than negative 10%, one-to-one exposure to index’s decline from initial level
Initial level:	2,820.24
Barrier level:	2,538.22, 90% of initial share price
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agent:	BMO Capital Markets Corp.
Fees:	1.2%
Cusip:	06367TAM2

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