Bank of Nova Scotia filings document the regulatory disclosures of a Canadian bank and foreign private issuer whose securities trade on the TSX and NYSE under BNS. Its Form 6-K reports include earnings-related releases, capitalization and earnings-ratio exhibits, Canadian certification materials, and updates incorporated by reference into Form F-3 and Form S-8 registration statements.
The bank’s filings also record governance and shareholder matters, including proxy circular materials, board mandates, by-law amendments, annual and special meeting voting results, and director-election outcomes. Capital-structure disclosures cover common shares, preferred shares and other equity instruments, subordinated indebtedness, normal course issuer bids, and other regulatory capital matters.
The Bank of Nova Scotia is offering senior unsecured Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of Amazon, Broadcom and Dell common stock, maturing around January 26, 2029. Investors receive quarterly contingent coupons only when each stock closes at or above its coupon barrier, initially expected at 55% of its initial level, with a preliminary contingent coupon rate of 19.20% to 19.75% per annum. The notes are automatically called early if, on any observation date, all three stocks are at or above their initial levels, returning principal plus due and unpaid coupons. If the notes are not called and any stock finishes below its downside threshold (also 55% of initial), maturity repayment is reduced in line with the worst stock’s percentage loss, up to a total loss of principal. Payments depend entirely on BNS’s credit, the notes are not exchange-listed, and the initial estimated value is expected between $9.26 and $9.56 per $10 note, below the issue price.
The Bank of Nova Scotia is offering $2,440,770 of senior unsecured Trigger Autocallable Notes linked to the EURO STOXX 50® Index. The Notes have a principal amount of $10 per Note, a term of about 5 years and a 9.00% per annum call return rate, with quarterly observation dates callable after 12 months.
The Notes are automatically called if the index on any observation date, including the final valuation date, is at or above the initial level of 6,029.45, paying the stated call price and then terminating. If never called and the final index level is at or above the downside threshold of 4,522.09 (75% of the initial level), investors receive only their $10 principal. If the final level is below the downside threshold, repayment is reduced dollar-for-dollar with the index decline, and all principal can be lost.
The Notes pay no interest, do not provide dividends, are not insured or bail-inable, and are subject to BNS’s credit risk. They will not be listed, may have limited secondary liquidity, and their initial estimated value is $9.55 per $10 issue price, reflecting selling, structuring and hedging costs.
The Bank of Nova Scotia is offering $11,574,210 of Trigger Autocallable GEARS, senior unsecured notes linked to the Nikkei 225 Index, at $10 per Security, maturing in January 2031 unless called earlier.
The notes may be automatically called on January 25, 2027 if the index closes at or above the initial level of 53,936.17, paying a call price of $11.60 per Security, a 16.00% total return, after which no further payments are made. If not called and the index is above the initial level at final valuation, holders receive $10 plus the index return multiplied by 1.82. If the final index level is between 75.00% and 100.00% of the initial level, repayment is limited to the $10 principal.
If the notes are not called and the final level is below 75.00% of the initial level (40,452.13), repayment is reduced one-for-one with the index decline, up to a total loss of principal. The Securities pay no interest, are not listed, carry BNS credit risk, and had an initial estimated value of $9.51 per $10, below the issue price.
The Bank of Nova Scotia is offering senior unsecured Market Linked Securities tied to the common stock of Tesla, Inc., with a $1,000 face amount per security and a fixed coupon of 15.35% per annum paid monthly until automatic call or maturity.
The notes are auto-callable from July 2026 to December 2026 if Tesla’s stock closing price on a calculation day is at or above the starting price of $437.50, in which case investors receive the face amount plus a final coupon. If the notes are not called, at maturity in January 2027 investors receive $1,000 only if Tesla’s final stock price is at or above the downside threshold of $262.50 (60% of the starting price.
If the final price is below the downside threshold, the maturity amount is reduced in proportion to the decline and investors can lose more than 40% and up to all of principal. Investors do not participate in any stock upside or receive dividends. The Bank’s estimated value is $989.79 per $1,000 security. The notes are not insured, are subject to Scotiabank’s credit risk, and will not be listed on an exchange.
The Bank of Nova Scotia is offering 2,148,815 senior unsecured Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500 Index, each with a $10 principal amount, for a total public offering price of $21,488,150.
The notes can be automatically called on annual Observation Dates if the Index is at or above the Starting Value of 6,944.47, paying between $10.662 and $13.972 per unit, corresponding to call premiums of 6.62% to 39.72% of principal. If never called and the Index decline is within 15%, investors receive their $10 principal back; if the Index falls more than 15%, repayment is reduced one-for-one with the decline below the 85% Threshold Value, putting up to 85% of principal at risk.
The notes pay no periodic interest, do not provide any dividends on the S&P 500 companies, and have limited expected secondary market liquidity. All payments depend on the credit of BNS, and the initial estimated value of $9.63 per unit is below the $10 public price due to the issuer’s internal funding rate, a $0.20 underwriting discount and a $0.05 hedging-related charge.
The Bank of Nova Scotia is issuing Trigger Autocallable Contingent Yield Notes linked to the common stock of JPMorgan Chase & Co. with a term to January 25, 2029. The Notes pay a 9.00% per annum contingent coupon (paid quarterly) only if JPM’s closing level on an observation date is at or above a coupon barrier of $228.73, which is 73.20% of the initial level of $312.47. Otherwise, no coupon is paid.
The Notes are automatically called if, on any quarterly observation date after six months, JPM’s closing level is at or above the initial level, in which case investors receive principal plus the applicable coupon and the Notes terminate. If not called, principal is repaid at maturity only if the final JPM level is at or above the downside threshold of $228.73; below that level, repayment is reduced one-for-one with JPM’s decline, and investors can lose their entire investment. The Notes are unsecured obligations of BNS, have an initial estimated value between $9.34 and $9.64 per $10, will not be listed, and carry significant market, liquidity and credit risk.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Bank of America, maturing on January 25, 2029. Each $10 Note pays a 9.00% per annum contingent coupon (about $0.225 per quarter) only if BAC’s closing level on an observation date is at or above the coupon barrier of $37.24, which is 70.30% of the initial level of $52.97.
The Notes are autocallable quarterly after six months if BAC’s closing level is at or above the initial level, in which case investors receive $10 plus the applicable coupon and the Notes terminate. If not called, and BAC’s final level on the January 22, 2029 valuation date is at or above the downside threshold of $37.24, investors receive full principal back. If the final level is below the downside threshold, repayment is reduced dollar-for-dollar with BAC’s decline, via $10 × (1 + underlying return), and investors can lose their entire investment.
The Notes are senior unsecured obligations of BNS, subject to its credit risk, are not insured or bail-inable, and will not be listed on any exchange. The minimum investment is 100 Notes ($1,000). The initial estimated value is between $9.35 and $9.65 per $10 Note, below the $10 issue price, reflecting selling, structuring and hedging costs and BNS’ internal funding rate. An underwriting discount of $0.225 per Note reduces proceeds to BNS to $9.775 per Note.
The Bank of Nova Scotia is offering senior unsecured market-linked notes tied to the lowest-performing of Goldman Sachs, Meta Platforms and Exxon Mobil, maturing in January 2029. Each security has a $1,000 face amount and pays a 20.00% per annum contingent coupon quarterly only if, on the relevant calculation day, the lowest-performing stock is at or above 70% of its starting price. From July 2026 to October 2028, if the lowest-performing stock is at or above its starting price on a calculation day, the notes are automatically called at par plus that quarter’s coupon. If not called and on the final calculation day the lowest-performing stock is below 70% of its starting price, investors lose more than 30%, up to all, of principal. The Bank’s estimated value is $936.56 (93.656%) per $1,000 security, below the original offering price due to selling, structuring and hedging costs.
The Bank of Nova Scotia is offering one-year Contingent Income Auto-Callable Securities linked to the common stock of Meta Platforms, Inc. Each security has a stated principal amount of $1,000 and can pay a $28.00 quarterly coupon (equivalent to 11.20% per annum) for any determination date on which Meta’s closing price is at least 70% of the initial share price, helped by a “memory” feature that can catch up missed coupons later.
The notes are principal-at-risk. If they are not called early and Meta’s final share price is below the 70% downside threshold, investors receive shares of Meta (based on an exchange ratio of principal divided by the initial share price) instead of cash principal, and the value could be far below $1,000, down to zero. If Meta is at or above the downside threshold at maturity, investors receive full principal plus any due coupons.
The securities auto-call at par plus the coupon (and any unpaid coupons) if Meta closes at or above 100% of the initial share price on any non-final determination date. The notes are senior unsecured obligations of BNS, exposed to BNS credit risk, pay no dividends on Meta, are not listed on an exchange, and may have limited or no secondary market liquidity. The initial estimated value per $1,000 is expected between $947.62 and $977.62, below the issue price.
The Bank of Nova Scotia is offering senior unsecured Contingent Income Auto-Callable Securities linked to the common stock of Microsoft Corporation, maturing on or about January 28, 2027. Each security has a $1,000 stated principal amount and issue price.
Investors may receive a contingent quarterly coupon of $24.70 per security (equivalent to 9.88% per annum) on each determination date when the Microsoft share price is at or above 80.00% of the initial share price, with a “memory” feature that can pay previously missed coupons later. If on any non-final determination date the share price is at or above 100.00% of the initial share price, the notes are automatically called for principal plus the due coupon(s).
If the notes are not called and the final share price is at or above the 80.00% downside threshold, holders receive principal plus due coupon(s) at maturity. If the final share price is below the downside threshold, investors receive Microsoft shares based on an exchange ratio instead of principal, and the value may be significantly less than $1,000 and could be zero, resulting in a total loss of principal. Payments are subject to the credit risk of BNS, the notes are not insured, will not be listed, and initial estimated value is disclosed as between $947.83 and $977.83 per $1,000.