New Issue: BMO sells $398,000 buffered bullish enhanced return notes on S&P 500

New York, May 30 – Bank of Montreal priced $398,000 of 0% buffered bullish enhanced return notes due Aug. 30, 2019 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 $1,140 per $1,000 principal amount.

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

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	S&P 500
Amount:	$398,000
Maturity:	Aug. 30,, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 14%; par if the index falls by up to 5%; exposure to any losses beyond 5%
Initial level:	2,721.33
Buffer level:	2,585.26, 95% of initial level
Pricing date:	May 25
Settlement date:	May 31
Agent:	BMO Capital Markets Corp.
Fees:	0.5%
Cusip:	06367T5L0

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