New Issue: Scotia prices $19.66 million autocallable Stars linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, April 16 – Bank of Nova Scotia priced $19.66 million of autocallable Strategic Accelerated Redemption Securities due April 30, 2027 linked to the performance of the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 12.52% if the closing level of the index is equal to or greater than its initial level on any yearly observation date.

If the notes are not called, investors will have full exposure to losses.

BofA Securities, Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Autocallable Strategic Accelerated Redemption Securities
Underlying index:	Russell 2000 index
Amount:	$19,664,000
Maturity:	April 30, 2027
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If notes are not called, full exposure to loss
Call:	Par plus 12.52% annualized call premium if the closing level of the index is equal to or greater than its initial level on any yearly observation date
Initial level:	2,042.604
Pricing date:	April 11
Settlement date:	April 18
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06418H691

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