New Issue: BMO sells $632,000 buffered bullish return notes with cap tied to Stoxx

By Susanna Moon

Chicago, June 12 – Bank of Montreal priced $632,000 of 0% buffered bullish return notes due July 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum redemption amount of $1,250 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish return notes
Underlying index:	Euro Stoxx 50
Amount:	$632,000
Maturity:	July 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 25%; par if the index falls by up to 10%; exposure to any losses beyond 10%
Initial level:	3,406.65
Pricing date:	May 31
Settlement date:	June 5
Agent:	BMO Capital Markets Corp.
Fees:	1.93%
Cusip:	06367T6B1

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