New Issue: Scotiabank prices $13.03 million Leveraged Index Return Notes on index basket

By Marisa Wong

Morgantown, W.Va., Nov. 7 – Bank of Nova Scotia priced $13.03 million of 0% Leveraged Index Return Notes due Oct. 30, 2020 linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par plus 250.6% of any basket gain.

Investors will be fully exposed to losses.

BofA Merrill Lynch is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Leveraged Index Return Notes
Underlying basket:	Euro Stoxx 50 index (40% weight), FTSE 100 index (20% weight), Nikkei Stock Average index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight) and Hang Seng index (5% weight)
Amount:	$13,031,140
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 250.6% of any basket gain; full exposure to losses
Initial index levels:	3,197.51 for Stoxx, 7,128.10 for FTSE, 21,920.46 for Nikkei, 9,022.16 for Swiss, 5,830.307 for S&P/ASX, 24,979.69 for Hang Seng
Pricing date:	Oct. 31
Settlement date:	Nov. 7
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06417P744

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