New Issue: Scotiabank sells $1.63 million market-linked notes tied to iShares EAFE

By Marisa Wong

Morgantown, W.Va., April 6 – Bank of Nova Scotia priced $1.63 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due April 5, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B5 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any fund gain, up to a maximum return of 30%.

Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond 15%.

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 ETF:	iShares MSCI EAFE ETF
Amount:	$1,631,000
Maturity:	April 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.75 times any fund gain, capped at 30%; par if fund falls by up to 15%; exposure to any losses beyond 15%
Initial price:	$57.13
Pricing date:	March 31
Settlement date:	April 5
Agents:	Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC
Fees:	2.04%
Cusip:	064159HL3

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