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Bank of Nova Scotia eyeing offering of five-year covered bonds
By Aleesia Forni
Virginia Beach, Sept. 4 – Bank of Nova Scotia is in the market Thursday with an offering of five-year covered bonds, according to a market source and a 424B5 filing with the Securities and Exchange Commission.
Scotia Capital (USA) Inc. and Barclays are the program arrangers and are joined by BofA Merrill Lynch, Citigroup Global Markets Inc. and HSBC Securities (USA) Inc.
The bond is guaranteed by Scotiabank Covered Bond Guarantor LP.
The financial services company has its principal offices in Halifax, N.S.
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