By Toni Weeks
San Diego, Aug. 17 - Bank of Nova Scotia priced another $600,000 of 0% capped buffered enhanced participation notes, series A, due Feb. 11, 2014 linked to the MSCI EAFE index, according to an SUPPL filing with the Securities and Exchange Commission.
This brings the total deal size to $4.34 million. The initial $3.74 million of the notes priced on Aug. 6.
The payout at maturity will be par plus 1.2 times any index gain, up to a maximum return of $1,138 per $1,000 principal amount.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Scotia Capital (USA) Inc. is the underwriter with Goldman Sachs & Co. as dealer.
| Issuer: | Bank of Nova Scotia
|
| Issue: | Capped buffered enhanced participation notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $4.34 million, upsized from $3.74 million
|
| Maturity: | Feb. 11, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 120% of any index gain, capped at 13.8%; par if index falls by 20% or less; 1.25% loss for every 1% decline beyond 20%
|
| Initial index level: | 1,466.27
|
| Pricing dates: | Aug. 6 for $3.74 million; Aug. 15 for $600,000
|
| Settlement date: | Aug. 20
|
| Underwriter: | Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
|
| Fees: | 0.25%
|
| Cusip: | 064159734
|
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