New Issue: Scotiabank sells $3.61 million market-linked notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Aug. 8 – Bank of Nova Scotia priced $3.61 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 90%.

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

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

Issuer:	Bank of Nova Scotia
Issue:	Market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50 index
Amount:	$3,607,000
Maturity:	Aug. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, up to a maximum return of 90%; par if the index falls by up to 20%; 1% loss for every 1% decline beyond 20%
Initial index level:	3,449.36
Threshold level:	2,759.488, 80% of initial level
Pricing date:	July 31
Settlement date:	Aug. 3
Agents:	Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC
Fees:	4.45%
Cusip:	064159JV9

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