| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for basket of stocks > News item |
Bank of Montreal plans bullish enhanced return notes on stocks
By Toni Weeks
San Luis Obispo, Calif., Nov. 13 – Bank of Montreal plans to price 0% bullish enhanced return notes due Dec. 8, 2017 linked to a basket of stocks, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.
The basket components include Chicago Bridge & Iron Co. NV, Cummins Inc., Calpine Corp., Covanta Holding Corp., DCP Midstream Partners, LP, Enterprise Products Partners LP, First Solar, Inc., Magellan Midstream Partners, LP, Navistar International Corp., NextEra Energy, Inc., SolarCity Corp., SunPower Corp., Trinity Industries, Inc., Tesla Motors, Inc. and Union Pacific Corp.
The payout at maturity will be par plus 130% of any gain in the basket. Investors will be fully exposed to any losses.
The basket return will be the sum of the weighted percentage change for each basket component.
BMO Capital Markets Corp. is the agent.
The notes will price Dec. 4 and settle Dec. 9.
The Cusip number is 06366RYF6.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.