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Published on 3/5/2013 in the Prospect News Structured Products Daily.

New Issue: Scotiabank prices $8.85 million capped enhanced participation notes linked to MSCI EAFE

By Susanna Moon

Chicago, March 5 - Bank of Nova Scotia priced $8.85 million of 0% series A capped enhanced participation notes due April 6, 2015 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 triple any index gain, up to a maximum payment of $1,334.50 per $1,000 principal amount.

Investors will be exposed to any losses.

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

Issuer:Bank of Nova Scotia
Issue:Capped enhanced participation notes, series A
Underlying index:MSCI EAFE
Amount:$8,845,000
Maturity:April 6, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 33.45%; exposure to any losses
Initial level:1,667.80
Pricing date:Feb. 28
Settlement date:March 7
Underwriter:Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
Fees:0.25%
Cusip:064159619

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