New Issue: BMO prices $528,000 of notes linked to basket of stocks

By Devika Patel

Knoxville, Tenn., Jan. 4 – Bank of Montreal priced $528,000 of 0% notes due Jan. 5, 2018 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of Cisco Systems, Inc., Coca-Cola Co., Pfizer Inc., Procter & Gamble Co. and Verizon Communications Inc. All of the underlying stocks are equally weighted.

The notes will equal the product of par of $1,000 and the basket level percentage, which is the sum of the weighted reference share performances, multiplied by the participation rate of 98.1%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Notes
Underlying stocks:	Cisco Systems, Inc., Coca-Cola Co., Pfizer Inc., Procter & Gamble Co. and Verizon Communications Inc.; all equally weighted
Amount:	$528,000
Maturity:	Jan. 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	The product of par of $1,000 and the basket level percentage, which is the sum of the weighted reference share performances, multiplied by the participation rate of 98.1%
Initial stock levels:	$30.42 for Cisco, $41.39 for Coca-Cola, $32.35 for Pfizer, $84.07 for Procter & Gamble and $53.44 for Verizon
Pricing date:	Dec. 28
Settlement date:	Dec. 30
Agent:	BMO Capital Markets Corp.
Fees:	1.4%
Cusip:	06367TPV6

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