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Bank of Montreal plans bullish enhanced notes linked to Russell 2000
By Susanna Moon
Chicago, Feb. 9 – Bank of Montreal plans to price 0% bullish enhanced return notes due Feb. 28, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain, up to a maximum return of a 42.75%.
Investors will be exposed to any losses.
BMO Capital Markets Corp. is the agent.
The notes will price on Feb. 25 and settle on Feb. 27.
The Cusip number is 06366RA70.
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