New Issue: Scotia sells $6.84 million capped leveraged return notes on SPDR Gold Shares

By Kiku Steinfeld

Chicago, March 9 – Bank of Nova Scotia priced $6.84 million of 0% Capped Leveraged Index Return Notes due Feb. 25, 2022 linked to the SPDR Gold Shares, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.2 times any fund gain, up to a maximum return of 26.88%.

Investors will lose 1% for every 1% decline of the fund.

BofA Securities, Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Capped Leveraged Index Return Notes
Underlying fund:	SPDR Gold Shares
Amount:	$6,837,860
Maturity:	Feb. 25, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.2 times any fund gain, up to a maximum return of 26.88%; 1% loss for every 1% decline of fund
Initial level:	$154.00
Threshold level:	$154.00, 100 % of initial level
Pricing date:	Feb. 27
Settlement date:	March 5
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06417Q379

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