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 $1,000,000 of Amazon.com, Inc. stock-linked “Jump Securities” maturing on January 8, 2027. Each note has a $1,000 stated principal amount, pays no coupons, and offers a fixed upside payment of $266.10 per security (26.61%) if the final Amazon share price on the valuation date is at or above the initial share price of $232.52.
If the final share price is below the initial share price, investors lose 1% of principal for every 1% decline in the stock, with no minimum payment, so losses can reach 100%. The notes are senior unsecured debt of BNS, fully subject to its credit risk, are not listed on any exchange, and may have limited liquidity. The issue price is $1,000 per note, while the estimated value on the pricing date is $983.70, reflecting selling, structuring and hedging costs borne by investors.
The Bank of Nova Scotia is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities linked to the common stock of NIKE, Inc., maturing on December 31, 2026. These principal-at-risk notes can pay a contingent monthly coupon of $12.80 per $1,000 (equivalent to 15.36% per annum) for each month in which NIKE’s closing price is at or above 85% of the initial share price ($48.739). Missed coupons can be paid later under the memory feature if the barrier is later met.
The notes are auto-callable at par plus the applicable coupon (including unpaid coupons) if NIKE closes at or above the call threshold of 100% of the initial share price ($57.34) on any non-final determination date. If held to maturity and NIKE is at or above the downside threshold, investors receive par plus the final coupon and any unpaid coupons. If NIKE finishes below the downside threshold, repayment is based on a leveraged downside formula, causing about 1.1765% loss for every 1% NIKE falls below the threshold, up to a total loss of principal. The securities are unsecured senior debt of BNS, not listed on any exchange, and carry BNS credit risk; the estimated value on the pricing date is $994.98 per $1,000.
The Bank of Nova Scotia is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities linked to Alphabet Inc. Class A stock. Each note has a $1,000 stated principal amount and can pay a contingent monthly coupon of $12.00 per note (equivalent to 14.40% per annum) if Alphabet’s closing price on a determination date is at or above 80% of the initial share price of $314.35, a downside threshold of $251.48.
The notes may be automatically redeemed early if Alphabet closes at or above the call threshold price of $314.35 on any observation date before maturity on December 31, 2026, returning principal plus applicable coupons. If held to maturity and the final share price is below the downside threshold, repayment of principal is reduced by 1.25% for every 1% decline below the threshold, up to a total loss of the investment.
The securities are senior unsecured debt of BNS, are not insured, will not be listed on any exchange, and all payments depend on BNS’s credit. The initial estimated value is $994.30 per $1,000 issue price, reflecting selling, structuring and hedging costs.
The Bank of Nova Scotia is offering $1,000,000 of senior unsecured “Jump Securities” linked to the common stock of Micron Technology, Inc. Each note has a $1,000 stated principal amount, pays no interest and does not guarantee any return of principal.
At maturity on January 8, 2027, if Micron’s final share price is greater than or equal to the initial share price of $284.79, investors receive $1,000 plus a fixed upside payment of $590.60 per note, capping total return at 59.06% regardless of how high the stock rises. If the final share price is below the initial share price, the payoff is $1,000 plus $1,000 times the stock return, producing a 1:1 loss with the stock and potentially a total loss of principal.
The notes are subject to the credit risk of BNS, are not insured, and will not be listed on any exchange, so liquidity may be limited. The issue price is $1,000 per note, including $9.00 in selling and structuring fees, while the estimated value on the pricing date is $981.72.
The Bank of Nova Scotia is offering $1,000,000 of Jump Securities linked to the common stock of Northrop Grumman Corporation, maturing on January 8, 2027. Each security has a stated principal amount of $1,000, pays no interest and exposes investors to full downside in the underlying stock and to BNS credit risk.
If the final share price on the valuation date is at or above the initial share price of $577.37, investors receive $1,000 plus a fixed upside payment of $190 per security, capping the maximum positive return at 19%. If the final share price is below the initial share price, the maturity payment is $1,000 plus $1,000 × underlying return, so investors lose 1% of principal for every 1% decline and can lose their entire investment. The notes are not listed, have limited liquidity, and had an estimated value at pricing of $979.70 per $1,000.
The Bank of Nova Scotia is offering $5,657,000 of Auto-Callable Dual Directional Buffered PLUS linked to the Russell 2000 Index, maturing January 3, 2028. Each $1,000 security pays no interest and can be automatically redeemed early for $1,100 per note if the index on the determination date before maturity is at or above the initial level of 2,534.345. If held to maturity and the index is higher, investors receive principal plus 125% of the index’s gain. If the index is up to 10% lower, investors get a positive “dual directional” return matching the decline, capped at a 10% gain. Below the 10% buffer, losses increase 1% for each additional 1% index drop, with a minimum payment of $100, meaning up to 90% of principal can be lost. The notes are unsecured senior debt of BNS, not listed on any exchange, and had an estimated value on the pricing date of $971.50 per $1,000.
The Bank of Nova Scotia is offering $1,000,000 in Buffered Contingent Income Auto-Callable Securities due December 31, 2029, linked to Vertiv Holdings Co common stock. These senior unsecured notes pay a contingent quarterly coupon of $28.10 per $1,000 security (equivalent to 11.24% per annum) only when Vertiv’s closing price on a determination date is at or above the downside threshold of 50% of the initial share price of $167.58.
If Vertiv’s price on any non-final determination date is at or above the call threshold of $167.58 (100% of the initial price), the notes are automatically redeemed at par plus the applicable coupon and any unpaid prior coupons via a memory feature. If the notes are not called and the final share price is below the downside threshold, investors receive a cash amount that declines by 2.00% for every 1% Vertiv falls below the threshold, risking up to a 100% loss of principal.
The notes do not participate in any upside of Vertiv stock, pay no guaranteed income, are not listed on any exchange, and all payments depend on BNS’s credit. The initial estimated value is $947.00 per $1,000 security, below the issue price, reflecting selling, structuring and hedging costs.
The Bank of Nova Scotia is issuing $28,870,000 of senior unsecured Contingent Income Auto-Callable Securities due December 29, 2028, linked to the common stock of NVIDIA Corporation. Each $1,000 security can pay a quarterly contingent coupon of $26.625 (equivalent to 10.65% per annum) if on the relevant determination date NVIDIA’s closing price is at or above the downside threshold of $95.265, which is 50.00% of the $190.53 initial share price. Missed coupons may be paid later under a memory feature if a future determination date meets the threshold.
The notes are automatically called if NVIDIA closes at or above the $190.53 call threshold on any non-final determination date, returning principal plus the applicable coupon and any unpaid coupons. If the securities are not called and the final share price is at or above the downside threshold, investors receive principal plus the applicable coupon and any unpaid coupons at maturity. If the final share price is below the downside threshold, repayment equals the $1,000 principal multiplied by the share performance factor, so the payoff can be less than 50.00% of principal and may be zero. Investors do not participate in any stock appreciation, forgo dividends, face limited liquidity, and are fully exposed to BNS credit risk. The estimated value on the pricing date is $965.19 per $1,000, below the issue price.
The Bank of Nova Scotia is issuing $11,127,000 of Contingent Income Auto-Callable Securities due December 29, 2028, linked to the common stock of Tesla, Inc. Each security has a stated principal amount of $1,000.
Investors may receive a contingent quarterly coupon of $38.80 per security (equivalent to 15.52% per annum) for any determination date on which Tesla’s closing price is at or above 50.00% of the initial share price of $475.19. Missed coupons can be paid later under a memory feature if the threshold is later met.
If Tesla’s price on any non-final determination date is at or above the call threshold price of $475.19, the notes are automatically redeemed at par plus the applicable coupon and any unpaid coupons. At maturity, if Tesla’s final price is below the 50.00% downside threshold, repayment is reduced in line with the decline and can be well below 50% of principal or zero, so 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, will not be listed on any exchange, and have an initial estimated value of $972.40 per $1,000, reflecting selling, structuring and hedging costs.
The Bank of Nova Scotia is offering $8,082,000 of Contingent Income Auto-Callable Securities due December 29, 2028, linked to the common stock of The Goldman Sachs Group, Inc. Each security has a $1,000 principal amount and can pay a contingent quarterly coupon of $26.25 (equivalent to 10.50% per annum) when the GS closing price on a determination date is at least 70.00% of the initial share price of $907.04, a downside threshold of $634.928.
If on any non-final determination date GS closes at or above the call threshold of 100.00% of the initial share price, the notes are automatically redeemed at $1,000 plus the coupon for that quarter, and no further payments are made. If held to maturity and GS finishes below the downside threshold, investors are exposed 1-to-1 to the decline in GS from the initial price, and may lose most or all principal.
The notes are senior unsecured obligations of BNS, carry no dividend rights in GS and will not be listed on any exchange. The estimated value on the pricing date is $966.00 per $1,000 note, reflecting embedded fees including a total selling concession of $22.50 per note and hedging costs, and may be lower than the issue price in secondary trading.