New Issue: Scotia sells $5.83 million contingent buffer digital notes on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, March 30 – Bank of Nova Scotia priced $5.83 million of 0% contingent buffer digital notes due March 21, 2025 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the buffer level, 82.5% of the initial index level, the payout at maturity will be par plus 17.56%.

If the final index level is less than the buffer level, investors will lose 1.2121% for every 1% that the index declines beyond 17.5% of the initial index level.

Scotia Capital (USA) Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Contingent buffer digital notes
Underlying index:	MSCI EAFE
Amount:	$5,826,000
Maturity:	March 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final level is greater than or equal to buffer level, par plus 17.56%; if final index level is less than buffer value, 1.2121% loss for every 1% that index declines beyond 17.5%
Initial level:	2,052.04
Buffer level:	82.5% of initial level
Pricing date:	March 23
Settlement date:	March 30
Agents:	Scotia Capital (USA) Inc.
Fees:	0%
Cusip:	06417YFL8

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