Summary by Futu AI
Bank of Montreal is offering Senior Medium-Term Notes, Series I Digital Return Barrier Notes due April 30, 2026, linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index, and S&P 500 Index. The notes offer a potential 7.20% digital return if the Final Level of the Least Performing Reference Asset is at least 65% of its Initial Level.Investors risk losing up to 100% of principal if the Least Performing Reference Asset decreases by more than 35% from its Initial Level. The notes do not bear interest and will not be listed on any securities exchange. All payments are subject to Bank of Montreal's credit risk.The notes will be issued in minimum denominations of $1,000. BMO Capital Markets Corp. is the agent for this offering. The estimated initial value is $970.20 per $1,000 principal amount, but may differ on the Pricing Date.