New Issue: Bank of Montreal prices $300,000 upside booster notes tied to Russell

By Toni Weeks

San Luis Obispo, Calif., Nov. 27 - Bank of Montreal priced $300,000 of 0% upside booster notes with barrier due Nov. 30, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than 27.5%, the payout at maturity will be par plus the index return.

If the index return is between negative 10% and positive 27.5%, the payout will be par plus 27.5%.

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:	Russell 2000
Amount:	$300,000
Maturity:	Nov. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than 27.5%, par plus index return; if index return is between negative 10% and positive 27.5%, par plus 27.5%; 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:	1,124.72
Barrier level:	1,012.25, 90% of initial index level
Pricing date:	Nov. 25
Settlement date:	Nov. 29
Agent:	BMO Capital Markets Corp.
Fees:	3%
Cusip:	06366RRW7

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