New Issue: Scotiabank prices $6 million digital coupon notes tied to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Nov. 7 - Bank of Nova Scotia priced $6 million of 0% digital coupon notes due Feb. 23, 2015 linked to the Euro Stoxx 50 index converted into dollars, according to a 424B2 filing with the Securities and Exchange Commission.

Both the initial index level and final index level will be converted into dollars using the dollar/euro exchange rate on that day.

If the final index level is greater than or equal to 90% of the initial level, the payout at maturity will be par plus 8.6%. Otherwise, investors will lose 1.1111% for each 1% that the index declines beyond 10%.

Scotia Capital (USA) Inc. is the underwriter with Goldman Sachs & Co. as dealer.

Issuer:	Bank of Nova Scotia
Issue:	Digital coupon notes
Underlying index:	Euro Stoxx 50 index converted into dollars
Amount:	$6,001,000
Maturity:	Feb. 23, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 8.6% if index's final level is greater than or equal to buffer level; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	4,135.807239
Buffer level:	3,722.2265151, 90% of initial level
Pricing date:	Nov. 4
Settlement date:	Nov. 12
Underwriter:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co.
Fees:	0.88%
Cusip:	064159353

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