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Autocallable Notes Linked to L3Harris (BNS) with 17.28% Call Premium
The Bank of Nova Scotia is offering $513,000 of Autocallable Digital Buffer Notes linked to L3Harris Technologies, Inc. stock, with a potential 17.28% call premium if the reference asset’s value is met on the review date. If not called, maturity payments offer a digital return of 34.56% or the reference asset return if the final value is equal to or greater than the initial value, with leveraged losses possible if the final value falls below the buffer. The initial estimated value at pricing was $975.03 per $1,000 note, lower than the original issue price, and payments are subject to the Bank’s credit risk.