New Issue: Scotiabank sells $1.76 million buffered enhanced participation notes three indexes

Chicago, March 18 – Bank of Nova Scotia priced $1.76 million of 0% buffered enhanced participation notes due March 8, 2027 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If all three indexes finish above their initial levels, the payout at maturity will be par plus 1.54 times the return of the worst performer.

If the worst performer declines but finishes above 90% of its initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline beyond the 10% buffer.

Scotia Capital (USA) Inc. is the agent. Goldman Sachs & Co. LLC is the dealer.

Issuer:	Bank of Nova Scotia
Issue:	Buffered enhanced participation notes
Underlying indexes:	S&P 500 index, Russell 2000 index and Dow Jones industrial average
Amount:	$1,761,000
Maturity:	March 8, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.54 times gain of worst performer if all three indexes finish positive; par if worst performer declines but not more than buffer; otherwise, 1% loss for each 1% decline beyond buffer
Initial levels:	38,996.39 for Dow, 2,054.843 for Russell, 5,096.27 for S&P
Buffer levels:	90% of initial levels
Pricing date:	Feb. 29
Settlement date:	March 7
Agent:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co. LLC
Fees:	1.2%
Cusip:	06418LAM8

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