New Issue: Scotiabank prices $9.49 million capped buffered enhanced participation notes on MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., April 23 - Bank of Nova Scotia priced $9.49 million of 0% series A capped buffered enhanced participation notes due April 23, 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 125% of any index gain, up to a maximum payment of $1,256.25 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 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:	MSCI EAFE
Amount:	$9,488,000
Maturity:	April 23, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, return capped at 25.625%; par if index falls by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial index level:	1,671.23
Buffer level:	1,504.107, 90% of initial level
Pricing dates:	April 19
Settlement date:	April 26
Underwriter:	Scotia Capital (USA) Inc. with Goldman Sachs & Co. as dealer
Fees:	0.25%
Cusip:	064159510

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