Bank of Nova Scotia is offering US$1.25 billion aggregate principal amount of subordinated additional Tier 1 capital notes.
The notes carry a 4.650% fixed-to-floating interest rate.
UBS Securities LLC serves as global coordinator. Scotia Capital (USA) Inc., Citigroup Global Markets Inc. and Merrill Lynch Pierce Fenner & Smith Inc. are book managers. BNP Paribas Securities Corp., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are co-managers.