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424B2: Prospectus

SEC ·  Dec 21, 2024 03:10

Summary by Futu AI

Bank of Montreal is issuing Market Linked Securities auto-callable with contingent coupon, linked to the lowest performing of EOG Resources and EQT Corporation common stocks. The securities offer potential monthly coupon payments at a rate of at least 16.40% per annum if the lowest performing stock closes at or above its coupon threshold.The securities may be automatically called if the lowest performing stock closes at or above its starting value on any monthly calculation day from March 2025 to November 2027. If not called, investors face full downside exposure to the lowest performing stock at maturity if it closes below 70% of its starting value.The estimated initial value is $962.90 per $1,000 security. The securities involve risks including potential loss of principal and are subject to Bank of Montreal's credit risk. They will not be listed on any exchange and may lack a secondary market.
Bank of Montreal is issuing Market Linked Securities auto-callable with contingent coupon, linked to the lowest performing of EOG Resources and EQT Corporation common stocks. The securities offer potential monthly coupon payments at a rate of at least 16.40% per annum if the lowest performing stock closes at or above its coupon threshold.The securities may be automatically called if the lowest performing stock closes at or above its starting value on any monthly calculation day from March 2025 to November 2027. If not called, investors face full downside exposure to the lowest performing stock at maturity if it closes below 70% of its starting value.The estimated initial value is $962.90 per $1,000 security. The securities involve risks including potential loss of principal and are subject to Bank of Montreal's credit risk. They will not be listed on any exchange and may lack a secondary market.

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