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Published on 12/28/2019 in the Prospect News Structured Products Daily.

New Issue: BMO prices $665,000 barrier bullish enhanced return notes on indexes

By Kiku Steinfeld

Chicago, Dec. 28 – Bank of Montreal priced $665,000 of 0% barrier bullish enhanced return notes due Dec. 16, 2022 linked to the lesser performing of the Nasdaq-100 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 120.1% of any gain of the lesser performing index.

Investors will receive par if the lesser performing index finishes flat or falls by up to 40% and will lose 1% for each 1% that the level of the lesser performing index decreases from its initial level.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Barrier bullish return notes
Underlying indexes:Nasdaq-100, Russell 2000, Euro Stoxx 50
Amount:$665,000
Maturity:Dec. 16, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 120.1% of any gain of the lesser performing index; par if the lesser performing index finishes flat or falls by up to 40%; 1% loss for each 1% that lesser performing index decreases
Initial levels:8,402.609 for Nasdaq, 1,631.926 for Russell, 3,687.45 for Stoxx
Barrier levels:5,041.565 for Nasdaq, 979.156 for Russell, 2,212.47 for Stoxx, 60% of initial levels
Pricing date:Dec. 11
Settlement date:Dec. 16
Agent:BMO Capital Markets Corp.
Fees:0.6%
Cusip:06367WTH6

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