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 issuing $10,911,000 of autocallable contingent coupon buffer notes with a memory coupon linked to the common stock of NVIDIA Corporation, maturing on January 7, 2027. The notes pay a contingent coupon of $41.20 per $1,000 note on scheduled dates only if NVIDIA’s share price on each Observation Date is at or above 75.00% of the Initial Value; missed coupons can be paid later if a future barrier is met. The notes are automatically called at par plus applicable coupons if NVIDIA’s share price on any Observation Date before maturity is at or above the Initial Value.
If not called and the Final Value is at or above 75.00% of the Initial Value, investors receive principal back plus any due coupons. If the Final Value falls below this 75.00% buffer level, repayment is reduced on a leveraged basis, and up to 100% of principal may be lost. The notes are unsecured, unsubordinated obligations of the Bank, not insured by CDIC or FDIC, will not be listed on an exchange, and had an initial estimated value of $986.23 per $1,000, below the 100% issue price.
The Bank of Nova Scotia is offering $15,454,500 of Trigger Autocallable Notes linked to the Russell 2000 Index, maturing in December 2030. The notes pay no coupons but can be automatically called quarterly after 12 months if the index closes at or above the initial level of 2,529.425, delivering a call price based on an 8.30% per annum call return rate. If never called and the final index level is at or above the downside threshold of 1,897.069 (75% of the initial level), investors receive only the $10 principal per note. If the final level is below this threshold, repayment is reduced in line with the index loss, and investors can lose their entire investment. The notes are unsecured obligations of BNS, have an initial estimated value of $9.594 per $10 note, will not be listed on an exchange, and rely entirely on BNS’s creditworthiness.
The Bank of Nova Scotia is issuing $1,178,000 in Autocallable Contingent Coupon Notes due December 22, 2028, linked to the common stock of NVIDIA Corporation. The Notes pay a contingent coupon of $44.50 per $1,000 (17.80% per annum) on scheduled observation dates only if NVIDIA’s closing price is at or above the Contingent Coupon Barrier Value of $126.69, which is 70% of the Initial Value of $180.99.
The Notes are automatically called, returning principal plus the applicable coupon, if on any call observation date NVIDIA closes at or above the Initial Value. If not called, maturity payment depends on the Final Value: investors receive full principal if it is at or above the Barrier Value of $126.69, but lose 1% of principal for each 1% decline from the Initial Value if the Final Value is below the Barrier, up to a total loss.
The Notes are unsecured and unsubordinated obligations of the Bank and are not insured by CDIC or FDIC. The initial estimated value is $967.42 per $1,000, below the 100% issue price, with underwriting commissions of 2.00% and net proceeds to the Bank of $1,154,440. The Notes will not be listed and may have limited or no secondary market liquidity.
The Bank of Nova Scotia is offering unsecured Autocallable Digital Buffer Notes linked to the S&P 500® Index, maturing on December 30, 2027. The notes do not pay interest and all payments depend on the Bank’s credit.
The notes are automatically called on January 8, 2027 if the index is at or above 100% of its initial level, paying $1,000 plus a call premium of at least $82.80 (at least 8.28%) per note. If not called and the final index level is at or above the initial level, investors receive $1,000 plus the greater of a fixed return of at least 16.56% or the index gain.
If the final index level is below the initial but at or above 85% (the 15% buffer), investors receive only the $1,000 principal. Below the 85% buffer, losses are magnified by a downside leverage factor of about 1.1765 and investors can lose up to 100% of principal. The initial estimated value is expected to be $950.18–$980.18 per $1,000, below the issue price, and the notes will not be listed on any exchange.
The Bank of Nova Scotia is offering $3,185,000 of unsecured Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to Alphabet Inc. Class A common stock, maturing on January 7, 2027.
The notes pay a contingent coupon of $42.10 per $1,000 note on scheduled dates only if Alphabet’s share price on the relevant observation date is at least 85% of the initial value, with missed coupons potentially paid later if conditions are met. The notes are automatically called early if Alphabet’s closing value on an observation date is at or above the initial value, returning principal plus applicable coupons, after which no further payments are made.
At maturity, if not called and Alphabet’s final value is at least 85% of the initial value, investors receive full principal plus any due coupons; if it is below that level, principal is reduced using a downside leverage factor of approximately 1.1765, and investors can lose up to 100% of principal$987.05 per $1,000, below the issue price.
The Bank of Nova Scotia is offering $1,396,000 of dual directional capped buffered notes linked to the S&P 500® Index, maturing on December 23, 2027. Each $1,000 note provides upside exposure to the index up to a maximum gain of 17.44%, and also offers positive returns if the index falls but remains at or above 80.00% of its initial level.
If the index drops below 80.00% of the initial value, investors lose 1.25% of principal for each 1% further decline, up to a total loss of principal. The notes pay no interest, are unsecured and unsubordinated obligations of the Bank, and are not insured by the CDIC or FDIC. They will not be listed on any exchange, and liquidity will depend on the willingness of the dealer to make a market.
The original issue price is 100% of principal, while the Bank’s initial estimated value is $981.34 per $1,000, reflecting internal funding and hedging costs, as well as a 1.50% placement fee (foregone for fiduciary accounts). All payments are made only at maturity and are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering unsecured Contingent Buffer Digital Notes linked to the common stock of Amazon.com, Inc., maturing on January 13, 2027. Each Note has a $1,000 principal amount (minimum investment $10,000) and pays no interest, with all payments made in cash at maturity.
If the Amazon stock “Final Value” is at least 85% of the Initial Value, investors receive a fixed “Digital Return” of at least 14.00%, for a payment of at least $1,140 per $1,000. If the Final Value is below 85% of the Initial Value, repayment of principal is reduced on a leveraged basis, so investors lose about 1.1765% of principal for each 1% decline beyond the 15% buffer and can lose up to their entire investment.
The Notes are senior unsecured obligations of The Bank of Nova Scotia, subject to its credit risk, will not be listed on an exchange, and may have limited or no secondary market. The initial estimated value is expected to be between $956.68 and $986.68 per $1,000, reflecting fees, hedging costs and the Bank’s internal funding rate.
The Bank of Nova Scotia is offering $1,521,000 of three-year autocallable contingent coupon notes linked to Tesla, Inc. common stock. These unsecured senior notes pay a contingent coupon of $48.75 per $1,000 Note (19.50% per annum) only if Tesla’s closing price on each observation date is at or above a barrier of $288.72, which is 60% of the $481.20 initial value. If on any call observation date Tesla closes at or above the initial value, the notes are automatically called for $1,000 per Note plus the applicable coupon, with no further payments.
If the notes are not called and Tesla’s final value on December 19, 2028 is at or above the $288.72 barrier, investors receive full principal back plus any final coupon. If the final value is below the barrier, repayment is reduced one-for-one with Tesla’s decline from the initial value, with losses up to 100% of principal. The initial estimated value is $960.93 per $1,000, below the issue price, and the notes are subject to the credit risk of The Bank of Nova Scotia and may have limited or no secondary market liquidity.
The Bank of Nova Scotia is offering $5,132,000 of Autocallable Digital Buffer Notes linked to the common stock of Snowflake Inc. These are senior unsecured debt securities of the Bank and all payments depend on its creditworthiness.
The notes may be automatically called on January 4, 2027 if Snowflake’s share price is at or above the Initial Value of $222.46, paying $1,230.60 per $1,000 note (a 23.06% return) and then terminating. If not called, and on the December 20, 2027 Final Valuation Date the share price is at or above the Initial Value, investors receive $1,000 plus the greater of a fixed 46.12% digital return or the actual positive stock return.
If the Final Value is between 75% and 100% of the Initial Value, investors receive back the $1,000 principal. Below 75%, losses are leveraged: investors lose about 1.3333% of principal for each 1% decline beyond the 25% buffer, up to a total loss. The notes pay no interest, provide no dividends, are not listed, and had an initial estimated value of $980.88 per $1,000, below the issue price.
The Bank of Nova Scotia is offering unsecured, autocallable contingent coupon buffer notes linked to the common stock of Broadcom Inc. The notes have a principal amount of $1,000 each, a minimum investment of $10,000, and are expected to run for about 54 weeks, maturing on January 13, 2027, unless called earlier.
The notes pay a contingent coupon of at least $47.10 per $1,000 on scheduled dates only if Broadcom’s closing price on the related observation date is at or above 75% of its initial value; missed coupons may be “remembered” and paid later if a future barrier is met. The notes are automatically called if, on any observation date before maturity, the stock closes at or above its initial value, returning principal plus due coupons.
If not called and the final stock value is at or above 75% of the initial value, investors receive full principal back plus any due coupons. If the final value is below 75% of the initial value, repayment is reduced on a leveraged basis (about 1.3333% loss of principal for each 1% decline beyond the 25% buffer), up to a total loss. The initial estimated value is expected between $953.10 and $983.10 per $1,000, the notes are not listed on any exchange, and all payments are subject to the credit risk of The Bank of Nova Scotia.