The three-year note offers a 9.72% pa contingent coupon linked to US large-cap and small-cap equity indices.
The Bank of Nova Scotia (BNS) has collected US$35.2m with its Contingent Income Autocallable Securities (06419TCL0) in the US, for which the distribution was handled by Morgan Stanley Wealth Management. The product offers quarterly contingent coupons worth US$24.30 The note is issued under BNS’s Senior Note Program, Series A, and is linked to a basket of three US equity indices: the Nasdaq 100, Russell 2000 and S&P 500. The product offers quarterly contingent coupons worth U