New Issue: Scotiabank prices $4.25 million digital buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 1 – Bank of Nova Scotia priced $4.25 million of 0% buffered notes with a digital return due May 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 80% of the initial index level, the payout at maturity will be par plus 7.7%. Otherwise, investors will lose 1.25% for every 1% that the index declines beyond 20%.

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

Issuer:	Bank of Nova Scotia
Issue:	Buffered notes with a digital return
Underlying index:	Euro Stoxx 50
Amount:	$4.25 million
Maturity:	May 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to 80% of initial index level, par plus 7.7%; otherwise, 1.25% loss for every 1% that index declines beyond 20%
Initial index level:	2,966.10
Pricing date:	July 28
Settlement date:	Aug. 5
Agent:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co.
Fees:	1.56%
Cusip:	064159HW9

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