Commentary & Deal Flow

Reoffer: 2yr: 3mE+38bp / 100

Launched: 2yr: €300m @ 3mE+38bp

Spread set at: 2yr: 3mE+38bp

IPTs: 2yr: 3mE+38a

• Issuer: Bank of Nova Scotia
• Ticker: BNS
• FIGI: BBG02530VV36
• ID Number: DQ7145914
• Expected Issue Ratings: A2/A-/AA- (Moody's/S&P/Fitch)
• Mkt Iss: EURO MTN
• Ctry/Reg: CA
• Size: €300m
• Ranking: Senior Unsecured
• Series: EMTn
• Coupon Type: Floating
• Cpn Freq: Quarterly
• Day Cnt: ACT/360
• Est Mat: 21-Sep-28
• List: London
• Leads: DZ, BNS