New Issue: BMO prices $570,000 one-year bullish enhanced return notes tied to S&P

By Susanna Moon

Chicago, Nov. 1 – Bank of Montreal priced $570,000 of 0% bullish enhanced return notes due Nov. 25, 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 triple any index gain, up to a maximum return of 13.5%.

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:	$570,000
Maturity:	Nov. 25, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 13.5%; exposure to any losses
Initial level:	2,767.78
Pricing date:	Oct. 19
Settlement date:	Oct. 24
Agent:	BMO Capital Markets Corp.
Fees:	0.25%
Cusip:	06367WDW0

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