New Issue: Scotiabank prices $5.75 million autocallable Leveraged Index Return Notes on Russell

By Wendy Van Sickle

Columbus, Ohio, April 16 – Bank of Nova Scotia priced $5.75 million of 0% autocallable Leveraged Index Return Notes due April 30, 2027 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically at par plus a 10% call premium if the index closes at or above its initial level on April 17, 2025.

The payout at maturity will be par plus 228% of any index gain.

Investors will be fully exposed to any index decline.

BofA Securities, Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Autocallable Leveraged Index Return Notes
Underlying index:	Russell 2000 index
Amount:	$5,749,450
Maturity:	April 30, 2027
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 228% of any index gain; otherwise, full exposure to loss
Call:	Automatically at par plus a 10% call premium if the index closes at or above initial level on April 17, 2025
Initial level:	2,042.604
Pricing date:	April 11
Settlement date:	April 18
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06418H584

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