By Susanna Moon
Chicago, July 6 - Bank of Nova Scotia priced $1.55 million of 0% series A capped optimal entry enhanced participation notes due Jan. 10, 2014 linked to the Euro Stoxx 50 index, according to an SUPPL filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of $1,198.75 per $1,000 principal amount.
Investors will be exposed to any losses.
The initial index level will be set at the lowest closing level of the index from pricing through Sept. 3.
Scotia Capital (USA) Inc. is the underwriter with Goldman Sachs & Co. as dealer.
| Issuer: | Bank of Nova Scotia
|
| Issue: | Capped optimal entry enhanced participation notes, series A
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,545,000
|
| Maturity: | Jan. 10, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 19.875%; exposure to any losses
|
| Initial level: | Lowest closing level of index from pricing through Sept. 3
|
| Trade date: | July 3
|
| Settlement date: | July 11
|
| Underwriter: | Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
|
| Fees: | 0.25%
|
| Cusip: | 064159874
|
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