New Issue: Scotia prices $6.06 million trigger jump securities linked to S&P 500

New York, April 11 – Bank of Nova Scotia priced $6.06 million of 0% trigger jump securities due April 6, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the greater of the index return and 18.5%. Investors will receive par if the index declines but finishes at or above the 80% trigger level and will lose 1% for every 1% that the index declines if it finishes below the trigger level.

Scotia Capital is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Trigger jump securities
Underlying index:	S&P 500 index
Amount:	$6,057,000
Maturity:	April 6, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and 18.5%; par if index declines but finishes at or above trigger level; 1% loss for every 1% that index declines if it finishes below trigger level
Initial level:	5,254.35
Upside payment:	18.5%
Trigger:	4,203.48, 80% of initial level
Pricing date:	March 28
Settlement date:	April 3
Agent:	Scotia Capital
Fees:	2.5%
Cusip:	06417Y2D0

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