Summary by Moomoo AI
Bank of Montreal is offering US$ Senior Medium-Term Notes, Series I Buffer Enhanced Return Notes due February 23, 2026, linked to the Russell 2000® Index. The notes provide 110% leveraged upside exposure to index gains, capped at a 19.10% return. They offer principal protection against index declines up to 10%, but losses of 1% for every 1% decline beyond that.The notes have a maximum redemption amount of $1,191 per $1,000 principal. They do not pay interest and will not be listed on any exchange. All payments are subject to Bank of Montreal's credit risk. The estimated initial value is $985 per $1,000 principal, below the public offering price.BMO Capital Markets Corp. is the selling agent. The notes involve risks including potential loss of principal and limited upside due to the return cap. Investors should carefully consider the terms and risks before investing.
