NEW YORK, Dec. 18, 2017 /PRNewswire/ - Bank of Montreal today announced the quarterly coupon
amount for the BMO Elkhorn DWA MLP SelectTM Index
Exchange Traded Notes due December 10,
2036 (NASDAQ:BMLP) (the "Notes"). The table below summarizes
the coupon amount for the Notes.
Coupon
Valuation
Date
|
|
Coupon
Ex-Date
|
|
Coupon
Record
Date
|
|
Coupon
Payment
Date
|
|
Coupon
Amount
per Note
|
|
Current
Yield1
|
December 15,
2017
|
|
December 28,
2017
|
|
December 29,
2017
|
|
January 9,
2018
|
|
$1.021487
|
|
8.58%
|
|
|
|
|
|
|
|
|
|
|
|
1) "Current Yield" equals the current Coupon Amount annualized
and divided by the closing Net Asset Value of the Notes on the
Coupon Valuation Date, rounded to two decimal places for ease of
analysis. The Current Yield is not indicative of future coupon
payments, if any, on the Notes. The coupon or distribution
amount under the Notes is not guaranteed.
The Notes are senior, unsecured obligations of Bank of
Montreal.
Investment suitability must be determined individually for each
investor, and the Notes may not be suitable for all investors. This
information is not intended to provide and should not be relied
upon as providing accounting, legal, regulatory or tax advice.
Investors should consult with their own financial advisors as to
these matters.
Bank of Montreal, the issuer of
the Notes, has filed a registration statement (including a pricing
supplement, prospectus supplement and prospectus) with the SEC
about the offering to which this free writing prospectus relates.
Please read those documents and the other documents relating to
this offering that Bank of Montreal has filed with the U.S. Securities
and Exchange Commission for more complete information about Bank of
Montreal and this offering. These
documents may be obtained without cost by visiting EDGAR on the SEC
Website at www.sec.gov. Alternatively, Bank of Montreal, any agent or any dealer
participating in this offering will arrange to send the pricing
supplement, the prospectus supplement and the prospectus if so
requested by calling toll-free at 1-877-369-5412.
About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial services
provider – the 8th largest bank, by assets, in North America. With total assets of
$710 billion as of October 31, 2017, and more than 45,000 employees,
BMO provides a broad range of personal and commercial banking,
wealth management and investment banking products and services to
more than 12 million customers and conducts business through three
operating groups: Personal and Commercial Banking, Wealth
Management and BMO Capital Markets.
SOURCE BMO Financial Group