New Issue: Scotiabank prices $16.71 million capped buffered notes linked to MSCI EAFE

By Susanna Moon

Chicago, Sept. 10 - Bank of Nova Scotia priced $16.71 million of 0% buffered enhanced participation notes due Sept. 9, 2016 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 any gain in the index, up to a maximum return of $1,402 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

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

Issuer:	Bank of Nova Scotia
Issue:	Capped buffered participation notes
Underlying index:	MSCI EAFE
Amount:	$16,705,000
Maturity:	Sept. 9, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 40.2%; par if index falls by up to 20%; 1.25% loss per 1% drop beyond 20%
Initial index level:	1,733.05
Buffer level:	1,386.44, 80% of initial level
Pricing date:	Sept. 5
Settlement date:	Sept. 12
Underwriter:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co.
Fees:	0.25%
Cusip:	064159577

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