New Issue: Scotiabank prices $6.69 million capped buffered enhanced participation notes on MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., Feb. 13 - Bank of Nova Scotia priced $6.69 million of 0% series A capped buffered enhanced participation notes due Nov. 14, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any index gain, up to a maximum payment of $1,160 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

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

Issuer:	Bank of Nova Scotia
Issue:	Capped buffered enhanced participation notes, series A
Underlying index:	MSCI EAFE
Amount:	$6.69 million
Maturity:	Nov. 14, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, return capped at 16%; par if index falls by 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial index level:	1,662.50
Buffer level:	1,413.125, 85% of initial level
Pricing dates:	Feb. 11
Settlement date:	Feb. 19
Underwriter:	Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
Fees:	0.25%
Cusip:	064159668

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