New Issue: Bank of Montreal prices $9,000 autocallable barrier notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 28 - Bank of Montreal priced $9,000 of 0% autocallable barrier notes with step-up call price due March 31, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 9% per year if the index's closing level is greater than the initial index level on March 26, 2015 or March 28, 2016.

If the notes are not called, the payout at maturity will be par unless the final index level is less than the barrier level, 85% of the initial level, in which case investors will lose 1% for every 1% that the final level is less than the initial level.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Autocallable barrier notes with step-up call price
Underlying index:	Euro Stoxx 50
Amount:	$9,000
Maturity:	March 31, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless final index level is less than barrier level, in which case 1% loss for every 1% that final level is less than initial level
Call:	Automatically at par plus 9% per year if index's closing level is greater than initial index level on March 26, 2015 or March 28, 2016
Initial index level:	3,130.17
Barrier level:	2,660.64, 85% of initial level
Pricing date:	March 26
Settlement date:	March 31
Agent:	BMO Capital Markets Corp.
Fees:	2.25%
Cusip:	06366RTD7

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