New Issue: BMO prices $307,000 buffered bullish enhanced return notes on Stoxx 50

By Sarah Lizee

Olympia, Wash., Aug. 1 – Bank of Montreal priced $307,000 of 0% buffered bullish enhanced return notes due Oct. 31, 2019 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 three times any index gain, up to a maximum redemption amount of $1,135 per $1,000 principal amount.

Investors will receive par if the index falls by up to 5% and will be exposed to any losses beyond the buffer.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$307,000
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, capped at 13.5%; par if the index falls by up to 5%; exposure to any losses beyond 5%
Initial level:	3,509.26
Buffer level:	3,333.80, 95% of initial level
Pricing date:	July 26
Settlement date:	July 31
Agent:	BMO Capital Markets Corp.
Fees:	2%
Cusip:	06367T7C8

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