New Issue: Bank of Montreal prices $303,000 upside booster notes on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 30 – Bank of Montreal priced $303,000 of 0% upside booster notes with barrier due March 29, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than 24%, the payout at maturity will be par plus the index return.

If the index return is between negative 10% and positive 24%, the payout will be par plus 24%.

If the index return is less than negative 10%, investors will lose 1% for every 1% that the final index level is less than the initial level.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Upside booster notes with barrier
Underlying index:	Euro Stoxx 50
Amount:	$303,000
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than 24%, par plus index return; if index return is between negative 10% and positive 24%, par plus 24%; if index return is less than negative 10%, 1% loss for every 1% that final index level is less than initial level
Initial index level:	3,669.79
Barrier level:	3,302.81, 90% of initial index level
Pricing date:	March 26
Settlement date:	March 31
Agent:	BMO Capital Markets Corp.
Fees:	1.2%
Cusip:	06366RE27

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