New Issue: Scotiabank prices $2.25 million of market-linked notes on Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 5 – Bank of Nova Scotia priced $2.25 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due July 6, 2020 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, up to a cap of $1,490 per $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

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

Issuer:	Bank of Nova Scotia
Issue:	Market-linked securities – leveraged upside participation to a cap and buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$2,253,000
Maturity:	July 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 49%; par if index falls by up to 20%; otherwise, 1% loss per 1% drop beyond 20%
Initial level:	3,271.76
Pricing date:	Dec. 29
Settlement date:	Jan. 4
Agents:	Wells Fargo Securities LLC and Scotia Capital (USA) Inc.
Fees:	3.6%
Cusip:	064159JC1

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