Bank of Montreal announces the offering of Senior Medium-Term Notes Series I due September 27, 2027, linked to the performance of the S&P 500 Index. The notes offer 1-to-1 positive return based on index appreciation, capped at 25.50% maximum return, with a principal protection buffer of 20%.The notes provide downside protection if the index declines up to 20% from initial level, with investors receiving positive returns equal to the percentage decline up to 20%. However, if the index falls more than 20%, investors will lose 1% for each 1% decline beyond the buffer level, with potential losses up to 80% of principal.The notes will be issued in minimum denominations of $1,000 with an expected pricing date of March 21, 2025 and maturity date of September 27, 2027. BMO Capital Markets Corp. serves as the agent for this offering, with an agent's commission of 0.75%.

Bank of Montreal announces the offering of Senior Medium-Term Notes Series I due September 27, 2027, linked to the performance of the S&P 500 Index. The notes offer 1-to-1 positive return based on index appreciation, capped at 25.50% maximum return, with a principal protection buffer of 20%.The notes provide downside protection if the index declines up to 20% from initial level, with investors receiving positive returns equal to the percentage decline up to 20%. However, if the index falls more than 20%, investors will lose 1% for each 1% decline beyond the buffer level, with potential losses up to 80% of principal.The notes will be issued in minimum denominations of $1,000 with an expected pricing date of March 21, 2025 and maturity date of September 27, 2027. BMO Capital Markets Corp. serves as the agent for this offering, with an agent's commission of 0.75%.