Bank of Nova Scotia issues S$300m covered bonds due 2029

Bank of Nova Scotia has issued SGD 300,000,000 in covered bonds with a 2.175% interest rate, set to mature on September 14, 2029. The bonds, Series CBL75, are guaranteed by Scotiabank Covered Bond Guarantor Limited Partnership and will be offered only to non-US persons under Regulation S. The issuance is part of the bank's Global Registered Covered Bond Program, with the pricing supplement available for inspection through the Financial Conduct Authority’s database.

The covered bonds are not registered under the Securities Act or state securities laws in the United States and are not available to retail investors in the European Economic Area or the United Kingdom.

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