New Issue: Bank of Montreal prices $11,000 upside booster notes linked to Energy Select

By Tali Rackner

Norfolk, Va., March 31 – Bank of Montreal priced $11,000 of 0% upside booster notes with barrier due March 29, 2019 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund gains by more than the 31% booster the payout at maturity will be par plus the fund return.

If the fund gains by up to the booster or falls by up to 10%, the payout will be par plus the booster.

If the fund finishes below the 90% barrier level, investors will be fully exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Upside booster notes with barrier
Underlying fund:	Energy Select Sector SPDR fund
Amount:	$11,000
Maturity:	March 29, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If fund gains by more than 31%, par plus return; if fund gains by up to 31% or falls by up to 10%, par plus 31%; otherwise, full exposure to losses.
Initial level:	$61.53
Barrier level:	$55.38, 90% of initial level
Pricing date:	March 28
Settlement date:	March 31
Agent:	BMO Capital Markets Corp.
Fees:	1.2%
Cusip:	06367TBN9

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