New Issue: Bank of Montreal prices $85,000 bullish enhanced return notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Feb. 27 – Bank of Montreal priced $85,000 of 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.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 42.75%. If the index return is negative, investors will be fully exposed to the decline.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Bullish enhanced return notes
Underlying index:	Russell 2000
Amount:	$85,000
Maturity:	Feb. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, subject to 42.75% maximum return; full exposure to any index decline
Initial index level:	1,235.101
Pricing date:	Feb. 25
Settlement date:	Feb. 27
Agent:	BMO Capital Markets Corp.
Fees:	3.2%
Cusip:	06366RA70

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