New Issue: Bank of Montreal prices $30,000 upside booster notes linked to Energy Select fund

New York, April 29 – Bank of Montreal priced $30,000 of 0% upside booster notes with barrier due April 30, 2019 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is greater than 19%, the payout at maturity will be par plus the return.

If the return is between negative 10% and positive 19%, inclusive, the payout will be par plus 19%.

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

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:	$30,000
Maturity:	April 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If return is greater than 19%, par plus fund return; if return is between negative 10% and positive 19%, inclusive, par plus 19%; if return is less than negative 10%, one-to-one exposure to fund’s decline from initial level
Initial level:	$67.32
Barrier level:	$60.59, 90% of initial share price
Pricing date:	April 26
Settlement date:	April 29
Agent:	BMO Capital Markets Corp.
Fees:	3.2%
Cusip:	06367TDC1

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