New Issue: Scotia sells $29.92 million Leveraged Index Return Notes on the Dow

By Wendy Van Sickle

Columbus, Ohio, Feb. 4 – Bank of Nova Scotia priced $29.92 million of 0% Leveraged Index Return Notes due Jan. 31, 2025 linked to the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 106.15% of any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Leveraged Index Return Notes
Underlying index:	Dow Jones industrial average
Amount:	$29,923,680
Maturity:	Jan. 31, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 106.15% of any index gain; par if index falls by up to 20%, otherwise 1% loss for every 1% decline beyond 20%
Initial index level:	28,859.44
Buffer level:	23,087.55, 80% of initial level
Pricing date:	Jan. 30
Settlement date:	Feb. 6
Agent:	BofA Securities, Inc.
Fees:	2.5%
Cusip:	06417Q528

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