New Issue: Scotia sells $1 million digital notes on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Feb. 13 – Bank of Nova Scotia priced $1 million of 0% digital notes due Aug. 12, 2024 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be par plus 12.95%.

If the final index level is less than the 85% buffer value, investors will lose 1.1765% for every 1% that the index declines by more than 15%.

Scotia Capital (USA) Inc. is the agent.

Issuer:	Bank of Nova Scotia
Issue:	Digital notes
Underlying index:	MSCI EAFE index
Amount:	$1,001,000
Maturity:	Aug. 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level is greater than or equal buffer level, par plus 12.95%; 1.1765% loss for every 1% index declines by more than 15%
Initial level:	2,096.57
Buffer level:	85% of initial level
Pricing date:	Feb. 8
Settlement date:	Feb. 13
Agents:	Scotia Capital (USA) Inc.
Fees:	0%
Cusip:	06417YDW6

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