By Marisa Wong
Madison, Wis., Sept. 19 - Bank of Nova Scotia priced $128 million of equity-linked notes due Sept. 21, 2016 tied to the Raymond James Analyst Current Favorites Total Return index, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are priced at 103% of par.
The payout at maturity will be par plus the index return. Investors will be exposed to any losses.
Scotia Capital (USA) Inc. is the underwriter.
| Issuer: | Bank of Nova Scotia
|
| Issue: | Equity-linked notes
|
| Underlying index: | Raymond James Analyst Current Favorites Total Return index
|
| Amount: | $128 million
|
| Maturity: | Sept. 21, 2016
|
| Coupon: | 0%
|
| Price: | 103
|
| Payout at maturity: | Par plus index return; full exposure to losses
|
| Initial level: | 2,736.250
|
| Pricing date: | Sept. 18
|
| Settlement date: | Sept. 23
|
| Agent: | Scotia Capital (USA) Inc.
|
| Fees: | 2.5%
|
| Cusip: | 064159BL9
|
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