Bank of Montreal announces new Capped Leveraged Buffered S&P 500 Index-Linked Notes with 200% upside participation rate and maturity expected within 25-28 months. The notes offer potential returns up to a maximum settlement amount between $1,213.40 and $1,251.00 per $1,000 principal.The notes provide principal protection if the S&P 500 Index declines by up to 15% from initial level, but investors risk losing approximately 1.1765% of principal for every 1% decline beyond 15%. The notes feature a buffer level at 85% of initial index level and do not pay periodic interest.The estimated initial value of notes will range from $969.00 to $999.00 per $1,000 principal amount, below the issue price. BMO Capital Markets Corp. serves as calculation agent, with notes expected to be issued around March 2025.

Bank of Montreal announces new Capped Leveraged Buffered S&P 500 Index-Linked Notes with 200% upside participation rate and maturity expected within 25-28 months. The notes offer potential returns up to a maximum settlement amount between $1,213.40 and $1,251.00 per $1,000 principal.The notes provide principal protection if the S&P 500 Index declines by up to 15% from initial level, but investors risk losing approximately 1.1765% of principal for every 1% decline beyond 15%. The notes feature a buffer level at 85% of initial index level and do not pay periodic interest.The estimated initial value of notes will range from $969.00 to $999.00 per $1,000 principal amount, below the issue price. BMO Capital Markets Corp. serves as calculation agent, with notes expected to be issued around March 2025.