Bank of Montreal announced the issuance of Capped Leveraged Buffered S&P 500 Index-Linked Notes, offering investors exposure to S&P 500 Index performance with enhanced upside potential. The notes feature a 220% upside participation rate capped at maximum settlement amount between $1,161.92 and $1,190.30 per $1,000 principal.The notes provide principal protection if the index declines up to 10% from initial level, but investors will lose approximately 1.1111% for every 1% decline beyond the 10% buffer. The maturity is expected within 18-21 months from the trade date, with no interim interest payments.The initial estimated value will be between $969.00 and $999.00 per $1,000 principal amount, below the issue price. BMO Capital Markets Corp. will serve as calculation agent, with no underwriting discount applied to the original issue price of $1,000 per note.

Bank of Montreal announced the issuance of Capped Leveraged Buffered S&P 500 Index-Linked Notes, offering investors exposure to S&P 500 Index performance with enhanced upside potential. The notes feature a 220% upside participation rate capped at maximum settlement amount between $1,161.92 and $1,190.30 per $1,000 principal.The notes provide principal protection if the index declines up to 10% from initial level, but investors will lose approximately 1.1111% for every 1% decline beyond the 10% buffer. The maturity is expected within 18-21 months from the trade date, with no interim interest payments.The initial estimated value will be between $969.00 and $999.00 per $1,000 principal amount, below the issue price. BMO Capital Markets Corp. will serve as calculation agent, with no underwriting discount applied to the original issue price of $1,000 per note.