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Published on 7/31/2017 in the Prospect News Structured Products Daily.

New Issue: Scotia sells $37.33 million Leveraged Index Return Notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, July 31 – Bank of Nova Scotia priced $37.33 million of 0% Leveraged Index Return Notes due July 29, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 2.68 times any index gain.

Investors will lose 1% for every 1% decline in the index.

BofA Merrill Lynch is the agent.

Issuer:Bank of Nova Scotia
Issue:Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$37,330,360
Maturity:July 29, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 268% of any index gain; 1% loss for every 1% decline
Initial level:3,493.14
Pricing date:July 27
Settlement date:Aug. 3
Agent:BofA Merrill Lynch
Fees:2.5%
Cusip:064160120

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