New Issue: BMO sells $120,000 of buffered bullish enhanced notes on Russell 2000

By Devika Patel

Knoxville, Tenn., July 10 – Bank of Montreal priced $120,000 of 0% buffered bullish enhanced return notes due June 28, 2019 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 1.5 times any index gain, up to a maximum payout of $1,150 per $1,000 of notes.

Investors will receive par if the index falls by up to 18.5% and will lose 1% for each 1% decline beyond 18.5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	Russell 2000
Amount:	$120,000
Maturity:	June 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at $1,150; par if index falls by up to 18.5%; 1% loss for each 1% decline beyond 18.5%
Initial level:	1,403.522
Buffer level:	1,143.870, or 81.5% of initial level
Pricing date:	June 27
Settlement date:	June 30
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06367TYG9

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