Bank of Montreal plans notes linked to Raymond James 2015 picks

By Marisa Wong

Madison, Wis., Dec. 31 – Bank of Montreal plans to price notes due Jan. 26, 2016 linked to equally weighted common stocks and American Depositary Shares that make up its Raymond James Analysts’ Best Picks for 2015, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be issued at $1,027.50 per $1,000 principal amount of the notes.

The payout at maturity will be par of $1,000 plus the basket return minus a redemption adjustment amount of $2.50 per note.

BMO Capital Markets Corp. is the agent.

The notes will settle on Jan. 23.

The Cusip number is 06366RYT6.

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