Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Bank of Montreal plans upside booster notes linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Dec. 24 – Bank of Montreal plans to price 0% upside booster notes with barrier due Dec. 31, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index gains by more than the 19% booster, the payout at maturity will be par plus the index return.
If the index gains by up to 19% or falls by up to 10%, the payout will be par plus 19%.
If the index finishes below the 90% barrier level, investors will be fully exposed to any losses.
BMO Capital Markets Corp. is the agent.
The notes will price on Dec. 28 and settle on Dec. 31.
The Cusip number is 06366R5L5.
© 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.