Bank of Nova Scotia SEC Filings

Bank of Nova Scotia has issued $7,711,620 in Trigger Autocallable Notes linked to the Nasdaq-100 Index, due July 1, 2030. The notes feature an automatic call mechanism that triggers if the Nasdaq-100 Index closes at or above the call threshold of 22,447.29 on quarterly observation dates (after 12 months).

Key features include:

• Call return rate of 8.55% per annum if automatically called
• Principal protection if the final index level is at/above the downside threshold (75% of initial level)
• Full downside exposure if index falls below downside threshold of 16,835.47
• Initial estimated value of $9.65 per $10 principal amount

The notes carry significant risks including potential loss of principal, market risk similar to direct index investment, and credit risk of Bank of Nova Scotia. They are not CDIC insured or bail-inable debt securities. The offering is being distributed through Scotia Capital and UBS Financial Services.

Bank of Nova Scotia has filed a prospectus supplement for Autocallable Contingent Coupon Trigger Notes linked to Meta Platforms Class A Common Stock, due August 13, 2026. The notes offer:

• Principal Amount: $1,000 per note
• Monthly contingent coupon of $9.709 (11.65% per annum) if Meta stock closes at/above 70% of initial price
• Automatic call feature starting January 2026 if Meta stock closes at/above initial price
• Risk of principal loss if final price is below 70% of initial price

Key features include a 70% coupon barrier and trigger price. The notes' initial estimated value is between $925-$955 per $1,000 principal amount, below the issue price. Investors face full exposure to Meta stock downside if it falls below the trigger price. The notes are subject to Bank of Nova Scotia's creditworthiness and are not FDIC or CDIC insured.

Bank of Nova Scotia (BNS) is marketing Contingent Income Auto-Callable Securities linked to the common stock of Arista Networks, Inc. (ANET). The $1,000-denominated senior unsecured notes run from the July 9 2025 issue date to the July 7 2028 maturity, unless called earlier.

Income mechanics: Each quarterly determination date, if ANET closes at or above the 50 % downside threshold, investors receive a $28.70 coupon (11.48% p.a.) plus any missed coupons via the “memory” feature. If on any determination date ANET closes at or above the 100 % call threshold, the notes are automatically redeemed at par plus the applicable coupon and any memory coupons.

Principal repayment: At maturity, if ANET’s final price is at least 50% of the initial price, holders receive par plus the last coupon and any unpaid memory coupons. If the final price is below 50%, repayment equals the share performance factor times par, exposing investors to losses of >50%—potentially down to zero.

Key structural details: • Minimum investment: $1,000. • Estimated issue value: $931.69 – $961.69 (93.17–96.17% of face), reflecting embedded fees including a $22.50 sales commission. • Notes are not exchange-listed; secondary liquidity depends on the distributor. • All payments are subject to BNS credit risk.

Risk highlights: Investors forgo any upside in ANET, may receive no coupons, face market value erosion prior to maturity, and shoulder credit, liquidity, tax and conflicts-of-interest risks. Reinvestment risk exists if the notes are called early.

The Bank of Nova Scotia (BNS) is marketing a new Series A Equity-Linked Security (senior, unsecured notes) that references the common stock of NVIDIA Corporation (NVDA). Each security has a $1,000 face amount, is expected to price on 18 July 2025 and settle on 23 July 2025.

Income profile: Investors are eligible for a monthly contingent coupon of at least 13.65% per annum (paid three business days after each calculation day) but only when NVDA’s closing price on the relevant calculation day is at or above the Coupon Threshold = 65 % of the starting price. Missed coupons are not recoverable.

Automatic call: Beginning with the sixth calculation day (January 2026) and extending through June 2026, the notes will be automatically redeemed at par plus the final coupon if NVDA’s closing price on any calculation day equals or exceeds the starting price.

Maturity payoff: If not called, the notes mature on 23 July 2026. • If the ending price ≥ Downside Threshold (65 % of starting price), holders receive par. • Otherwise, repayment equals par × (ending price / starting price), exposing investors to full downside below the 35 % buffer, with maximum loss of 100 %.

Estimated value: If priced today, BNS estimates the fair value at $943.11–$973.11 per $1,000, implying an initial issuer/dealer discount of up to 5.7 %. Scotia Capital Inc. is calculation agent; Scotia Capital (USA) Inc. and Wells Fargo Securities will act as agents, with combined selling concessions and fees of up to 2.9 %.

Key risks disclosed include: potential loss of principal, non-fixed interest, credit risk of BNS, liquidity constraints, single-stock concentration, reinvestment risk on early call, and uncertain tax treatment. The securities are not FDIC-insured.

The term sheet is only a summary; investors should review the full preliminary pricing supplement, product supplement, prospectus supplement and base prospectus filed under SEC Registration No. 333-282565.

Bank of Nova Scotia (BNS) is offering senior unsecured Contingent Income Auto-Callable Securities linked to the common stock of Arista Networks, Inc. (ANET). The notes price on 3 Jul 2025, are issued on 9 Jul 2025 (T+3) and mature on 7 Jul 2028 unless called earlier.

Investors receive a contingent quarterly coupon of $28.70 per $1,000 note (11.48% p.a.) only if ANET’s closing price on the relevant determination date is at least 50 % of the initial share price (the “downside threshold”). Missed coupons can be recovered later through a memory feature.

The notes are auto-callable: if ANET closes at or above 100 % of the initial price on any determination date prior to maturity, holders receive the stated principal plus the applicable coupon (and any unpaid coupons) and the note terminates.

At maturity, if ANET is ≥ 50 % of the initial price, holders receive 100 % principal plus the final coupon and any unpaid coupons. If ANET is < 50 %, repayment equals principal × (final price ÷ initial price), exposing investors to a 1-for-1 loss below the 50 % barrier; recovery may be below 50 % of principal and could be zero.

Key structural points: unsecured credit exposure to BNS; estimated value on pricing date $931.69 – $961.69 (below issue price); sales commission $17.50 and structuring fee $5.00 per note; not listed on any exchange, limiting liquidity; CUSIP 06418VZV9.

These notes suit investors seeking high conditional income and willing to accept equity, issuer-credit, call and liquidity risks, and potential loss of principal.

The Bank of Nova Scotia (BNS) is marketing senior unsecured Market-Linked Securities (Series A) that are auto-callable, pay a monthly contingent coupon and expose investors to contingent downside linked to NVIDIA Corporation common stock.

Key economic terms: Face amount $1,000; pricing date 18 Jul 2025; maturity 23 Jul 2026. The contingent coupon rate will be set on the pricing date at ≥ 13.65% p.a. and is paid only if the NVIDIA closing price on the relevant monthly calculation day is ≥ 65 % of the starting price (the “coupon threshold”). If the threshold is breached on a given month, no coupon is paid for that month.

Automatic call: On any calculation day from Jan-2026 through Jun-2026, if the NVIDIA closing price is ≥ the starting price, the notes are called at par plus the final coupon, ending the trade early.

Principal repayment: If not called, investors receive par at maturity only if the NVIDIA closing price on the final calculation day is ≥ 65 % of the starting price (the “downside threshold”). Otherwise, the maturity payment equals par multiplied by the performance factor (ending ÷ starting price), resulting in a loss of > 35 % and up to 100 % of principal.

Valuation & fees: Indicative estimated value is 94.311 %-97.311 % of face. Agent discount is up to 1.825 % and selling concessions may total 1.175 %. Payments are subject to BNS credit risk; the notes are not FDIC or CDIC insured and will not be listed on any exchange.

Investor considerations: Investors are compensated with a high potential coupon and early-call upside, but accept i) full downside below a 35 % buffer, ii) no participation in NVIDIA upside beyond coupons, iii) issuer credit risk and iv) limited secondary liquidity.

The Bank of Nova Scotia (BNS) has filed an issuer free writing prospectus for Contingent Income Auto-Callable Securities linked to the common stock of Tesla, Inc. (TSLA). Each unlisted note has a $1,000 stated principal, a 3-year tenor (pricing date 3 Jul 2025, maturity 7 Jul 2028) and is issued under BNS’s Senior Note Program, Series A.

Coupon mechanics: Investors may receive a quarterly contingent coupon of $41.625 (≈ 16.65% p.a.) if, on the relevant determination date, Tesla’s closing price is at or above the 50 % downside threshold. Missed coupons “roll forward” under a memory feature and are paid if a later observation meets the threshold. Should Tesla close at or above the 100 % call threshold on any quarterly date (other than the final date), the note is automatically redeemed at par plus the due coupon(s).

Principal repayment: At maturity, if Tesla is ≥ 50 % of the initial price, holders receive par plus the final coupon (and any unpaid coupons). If Tesla is < 50 %, repayment equals par multiplied by the share-performance factor, exposing investors to losses down to 0 % of principal.

Other key terms:

• Estimated value on pricing date: $932.55 – $962.55 (93.3 %–96.3 % of issue price)
• Commission: $22.50 per note
• Listing: None; secondary liquidity expected to be limited and at dealer discretion
• Credit risk: Payments depend on BNS’s ability to pay.

The prospectus highlights extensive risk factors, including loss of principal, coupon non-payment, limited upside, issuer credit exposure, valuation discount, and uncertain tax treatment.

The Bank of Nova Scotia (NYSE: BNS) has filed a preliminary 424(b)(2) pricing supplement for a new structured product: Autocallable Contingent Coupon Buffered Notes linked to Meta Platforms, Inc. Class A shares (META). Key provisional terms follow:

• Issue / Maturity: Expected trade date 22 Jul 2025; maturity 27 Aug 2026 (≈13 months) unless called earlier.
• Contingent Coupon: $5.834 per $1,000 principal (0.5834% monthly, up to ~7.0% p.a.) paid only if META closes ≥ 75% of initial price on the relevant monthly observation date.
• Automatic Call: Notes are redeemed at par plus coupon if META closes ≥ initial price on any monthly observation date from Jan-2026 through Jul-2026.
• Down-side Buffer: 25%. If not called and META’s final price ≥ 75% of initial, investors receive par plus final coupon. If final price < 75%, investors receive $250 cash plus META shares worth 25% of par, exposing them to up to 75% principal loss.
• Credit & Liquidity: Senior unsecured obligations of BNS; not CDIC/FDIC insured; no exchange listing; market-making only on a best-efforts basis.
• Pricing Economics: Initial estimated value $900-$930 (9-10% below issue price) reflecting up to 2.15% underwriting commission, 0.65% structuring fee and hedging costs. Scotia Capital (USA) and Goldman Sachs act as dealers.
• Risk Highlights: contingent, non-guaranteed coupons; limited upside (no equity participation); potential share delivery and adverse tax timing; valuation driven by BNS internal funding rate; conflicts of interest in hedging and secondary pricing.

Overall, the note targets investors seeking enhanced income relative to conventional short-dated debt, willing to accept both issuer credit risk and single-stock downside risk on META, in exchange for a capped return profile and reduced (but not eliminated) loss exposure through a 25% buffer.

The Bank of Nova Scotia (BNS) has filed a Preliminary Pricing Supplement (Form 424B2) for an offering of Contingent Coupon Trigger Notes linked to the common stock of ConocoPhillips (COP).

Key economic terms:

• Principal: $10,000 per note; minimum purchase $10,000.
• Tenor: Approximately 18-month term; maturity expected two business days after the final valuation date.
• Contingent Coupon: $303–$355 per quarter (3.03%–3.55%), equating to 12.12%–14.20% annualized, paid only if COP’s closing price on the relevant observation date is ≥ 80% of the initial price (the “coupon barrier”).
• Observation schedule: Quarterly, beginning three months after trade date and ending on the final valuation date.
• Redemption at maturity: • If COP ≥ 80% of initial price, holders receive $10,000 plus the final contingent coupon. • If COP < 80% of initial price, holders receive COP shares valued at <80% of principal; no coupon is paid, resulting in a potential substantial or total loss of principal.
• Initial estimated value: $9,356–$9,656 per $10,000 note—3.4%–6.4% below issue price—reflecting BNS’s internal funding rate and hedging costs.
• Underwriting commission: 1.49% of principal; net proceeds to BNS ≈ 98.51%.

Risk considerations:

• Unsecured, unsubordinated obligations of BNS; repayment subject to the bank’s creditworthiness.
• Exposure to COP share price; negative performance below the 80% threshold delivers shares, not cash.
• No listing; secondary market liquidity depends on Scotia Capital (USA) Inc., which is not obligated to make a market.
• Estimated value is below issue price; purchasers face an immediate economic loss at issuance.
• Contingent coupons are not guaranteed and can be missed on any observation date if the barrier is breached.

The notes offer a high potential coupon in exchange for equity downside risk and credit risk. Investors must weigh the attractive yield against the possibility of receiving depreciated COP shares and the limited liquidity of the instrument.