Bank of Nova Scotia $1.4 billion 2.4% notes issue

26/9/2017
Investment grade bond/note issue

$ 1.4 billion

Completed

26/9/2017


Overview:

  • Bank of Nova Scotia has issued $1.4 billion in senior notes.
  • The issue consisted of $1 billion senior and $400 million floating rate senior notes due 2022. 
  • The issuer is an international bank in Canada with over 23 million customers globally. 
  • The underwriters were Scotiabank, BofA Merrill Lynch and Citigroup. 
  • The issue comes a bit over a year after a previous $1.4 billion debt offering by the Bank of Nova Scotia.

 Katrin Kostadinova - Data analyst 

Jurisdictions:

Canada
United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Canada

Industry sector:

Banking


Firms:

Party: Scotiabank (Underwriter)

Party: BofA Merrill Lynch (Underwriter)

Party: Citigroup (Underwriter)


Party: The Bank of Nova Scotia (Issuer)

Lawyer: Jason Lehner