By Angela McDaniels
Tacoma, Wash., April 23 - Bank of Nova Scotia priced $2.03 million of 0% capped enhanced participation notes, series A, due Nov. 12, 2013 linked to the S&P 500 index, according to an Suppl filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 300% of the index return, subject to a maximum return of 20.1%. If the final index level is less than the initial index level, investors will be fully exposed to the decline.
Scotia Capital (USA) Inc. is the underwriter with Goldman Sachs & Co. as dealer.
| Issuer: | Bank of Nova Scotia
|
| Issue: | Capped enhanced participation notes
|
| Underlying index: | S&P 500
|
| Amount: | $2.03 million
|
| Maturity: | Nov. 12, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, subject to maximum return of 20.1%; full exposure to any index decline
|
| Initial index level: | 1,376.92
|
| Pricing date: | April 19
|
| Settlement date: | April 26
|
| Underwriter: | Scotia Capital (USA) Inc.
|
| Dealer: | Goldman Sachs & Co.
|
| Fees: | 0.25%
|
| Cusip: | 064159403
|
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