New Issue: Scotiabank prices $1.86 million capped buffered enhanced notes on S&P

By Susanna Moon

Chicago, March 5 - Bank of Nova Scotia priced $1.86 million of 0% series A capped buffered enhanced participation notes due March 5, 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 1.5 times any index gain, up to a maximum payment of $1,150 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

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:	S&P 500
Amount:	$1,856,000
Maturity:	March 5, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 15%; par if index falls by 10% or less; 1.1111% loss per 1% drop beyond 10%
Initial level:	1,518.20
Buffer level:	1,366.38
Pricing date:	March 1
Settlement date:	March 8
Underwriter:	Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
Fees:	0.25%
Cusip:	064159585

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