Published on 10/17/2023 in the Prospect News Structured Products Daily.
New Issue: BMO prices $153,000 market-linked notes linked to Dow
Chicago, Oct. 17 – Bank of Montreal priced $153,000 of 0% market-linked notes due April 22, 2030 linked to the performance of the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Otherwise, investors will receive par.
BMO Capital Markets Corp. is the agent.
| Issuer: | Bank of Montreal
|
| Issue: | Market-linked notes
|
| Underlying index: | Dow Jones industrial average
|
| Amount: | $153,000
|
| Maturity: | April 22, 2030
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; otherwise, par
|
| Initial index level: | 29,634.83
|
| Pricing date: | Oct. 14, 2022
|
| Settlement date: | Oct. 19, 2022
|
| Agent: | BMO Capital Markets Corp.
|
| Fees: | 3.25%
|
| Cusip: | 06374VAD8
|
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