New Issue: Scotiabank sells $5.16 million capped enhanced notes on Russell 2000

By Marisa Wong

Los Angeles, April 9 – Bank of Nova Scotia priced $5.16 million of 0% capped enhanced participation notes due Sept. 29, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 500% of any gain in the index up to a maximum payout of $1,235 per $1,000 of notes.

Investors will be fully exposed to any losses.

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

Issuer:	Bank of Nova Scotia
Issue:	Capped enhanced participation notes
Underlying index:	Russell 2000
Amount:	$5.16 million
Maturity:	Sept. 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any gain in the index, up to a maximum payout of $1,235 per $1,000 of notes; full exposure to any losses
Initial index level:	1,180.319
Pricing date:	March 26
Settlement date:	April 2
Agent:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co. LLC
Fees:	1.38%
Cusip:	064159TX4

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