New Issue: Scotiabank prices $3.18 million buffered enhanced participation notes tied to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., July 3 - Bank of Nova Scotia priced $3.18 million of 0% capped buffered enhanced participation notes due July 6, 2015 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, up to a maximum payment of $1,241.50 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% that it declines 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
Underlying index:	MSCI EAFE
Amount:	$3,184,000
Maturity:	July 6, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, up to 24.15% maximum return; par if index falls by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	1,656
Pricing dates:	July 1
Settlement date:	July 9
Underwriter:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co.
Fees:	0.25%
Cusip:	064159452

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