NEW YORK and TORONTO, June 20,
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
|
June 15,
2017
|
|
June 26,
2017
|
|
June 28,
2017
|
|
July 7,
2017
|
|
$ 0.764737
|
|
6.40%
|
|
|
|
|
|
|
|
|
|
|
|
1) "Current Yield" equals the current Coupon Amount annualized
and divided by the closing price of the Notes on the Coupon
Valuation Date, and rounded to two decimal places for ease of
analysis. The Current Yield is not indicative of future coupon
payments, if any, on the Notes. You are not guaranteed any
coupon or distribution amount under the Notes.
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.
Before you invest, you should read those documents and the other
documents relating to this offering that Bank of Montreal has filed with the SEC for more
complete information about Bank of Montreal and this offering. You may obtain
these documents 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 you the pricing
supplement, the prospectus supplement and the prospectus if you so
request by calling toll-free at 1-877-369-5412.
About BMO Financial Group
Established in 1817, and
currently marking its 200th year of operations, BMO Financial Group
is a highly diversified financial services provider based in
North America. With total assets
of $719 billion as of April 30, 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..
Internet: www.bmo.com
Twitter: @BMOMedia
SOURCE BMO Financial Group