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BNS (BNS) autocallable notes tied to KKR stock with 13.75% pa contingent coupon
The Bank of Nova Scotia (BNS) is offering autocallable contingent coupon notes linked to KKR & Co. Inc. common stock, featuring a potential annual contingent coupon of 13.75%. These notes have an expected term of approximately three years and will be automatically called if KKR’s stock price meets or exceeds its initial value on observation dates. Investors face the risk of losing up to 100% of their principal if KKR’s stock falls below 50% of its initial value at maturity and the notes have not been called.