New Issue: Scotiabank prices $5.05 million market-linked notes tied to Stoxx 50

By Susanna Moon

Chicago, Jan. 7 – Bank of Nova Scotia priced $5.05 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due July 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B5 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any index gain, up to a maximum return of 43%.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC are the agents.

Issuer:	Bank of Nova Scotia
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$5,045,000
Maturity:	July 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.75 times any index gain, capped at 43%; par if index falls by up to 20%; exposure to any losses beyond 20%
Initial level:	3,287.98
Pricing date:	Dec. 30
Settlement date:	Jan. 5
Agents:	Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC
Fees:	2.72%
Cusip:	064159GZ3

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