New Issue: BMO prices $37,000 of bullish enhanced return notes linked to S&P 500

By Tali Rackner

Norfolk, Va., March 31 – Bank of Montreal priced $37,000 of 0% bullish enhanced return notes due March 29, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum redemption amount of $1,337.50 per $1,000 principal.

Investors will be exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Bullish enhanced return notes
Underlying index:	S&P 500
Amount:	$37,000
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, maximum redemption amount of $1,337.50 per $1,000 principal; full exposure to any loss
Initial level:	2,037.05
Pricing date:	March 28
Settlement date:	March 31
Agent:	BMO Capital Markets Corp.
Fees:	0.8%
Cusip:	06367TBF6

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