New Issue: Scotiabank prices $217,000 buffered PLUS linked to Stoxx

Chicago, Feb. 13 – Bank of Nova Scotia priced $217,000 of 0% buffered Performance Leveraged Upside Securities due June 14, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, capped at par plus 17%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Scotia Capital (USA) Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$217,000
Maturity:	June 14, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 17%; par if index declines by up to 10%; otherwise, 1% loss per 1% decline beyond 10%
Initial value:	4,269.64
Buffer level:	90% of initial value
Strike date:	May 25, 2023
Pricing date:	May 26, 2023
Settlement date:	June 5, 2023
Agent:	Scotia Capital (USA) Inc.
Fees:	None
Cusip:	06417YJT7

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