Bank of Montreal is offering Senior Medium-Term Notes due January 7, 2027, linked to the S&P 500 Index. The notes provide 150% leveraged upside potential capped at 16.50% return, with downside protection to 80% of the initial index level.Investors can receive positive returns even if the index declines up to 20%, capped at 20% return. However, if the index falls more than 20%, investors will lose 1% for each 1% decline beyond 20%, up to a maximum loss of 80%. The notes do not pay interest and are not listed on any exchange.The offering highlights Bank of Montreal's use of structured products to provide tailored investment opportunities. However, the notes carry risks including potential loss of principal and are subject to the bank's credit risk. Investors should carefully consider the terms and risks before investing.

Bank of Montreal is offering Senior Medium-Term Notes due January 7, 2027, linked to the S&P 500 Index. The notes provide 150% leveraged upside potential capped at 16.50% return, with downside protection to 80% of the initial index level.Investors can receive positive returns even if the index declines up to 20%, capped at 20% return. However, if the index falls more than 20%, investors will lose 1% for each 1% decline beyond 20%, up to a maximum loss of 80%. The notes do not pay interest and are not listed on any exchange.The offering highlights Bank of Montreal's use of structured products to provide tailored investment opportunities. However, the notes carry risks including potential loss of principal and are subject to the bank's credit risk. Investors should carefully consider the terms and risks before investing.