New Issue: Scotiabank prices $4.08 million digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 3 – Bank of Nova Scotia priced $4.08 million of 0% digital notes due April 1, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 80% threshold level, the payout at maturity will be $1,084.90 per $1,000 principal amount of notes.

Otherwise, investors will lose 1.25% for each 1% decline beyond 20%.

Scotia Capital (USA) Inc. is the agent with Goldman Sachs & Co. LLC as a dealer.

Issuer:	Bank of Nova Scotia
Issue:	Digital notes
Underlying index:	Euro Stoxx 50 index
Amount:	$4,075,000
Maturity:	April 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above threshold level, $1,084.90 per $1,000 principal amount; otherwise,1.25% loss for each 1% beyond 20%
Initial index level:	3,970.15
Threshold value:	80% of initial level
Pricing date:	Feb. 28
Settlement date:	March 7
Agent:	Scotia Capital (USA) Inc. with Goldman Sachs & Co. LLC as a dealer
Fees:	1.06%
Cusip:	06417YEQ8

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