New Issue: BMO sells $5.41 million leveraged market-linked notes on Stoxx

By Kiku Steinfeld

Chicago, July 21 – Bank of Montreal priced $5.41 million of 0% market-linked securities – leveraged upside participation to a cap and fixed-percentage buffered downside due June 3, 2025 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 120% of any gain in the index up to a maximum of par plus 47%.

If the index falls but not beyond 15%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Bank of Montreal
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed-percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$5,405,000
Maturity:	June 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 120% of any gain index up to a maximum of par plus 47%; par if index falls by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial level:	4,070.56
Barrier level:	3,459.976, 85% of initial level
Pricing date:	May 28
Settlement date:	June 3
Agent:	Wells Fargo Securities LLC
Fees:	3.88%
Cusip:	06368ELL4

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