Bank of Nova Scotia Finalizes Terms for Autocallable Contingent Coupon Notes Linked to JPMorgan Chase Stock

summarizeSummary

The Bank of Nova Scotia has filed a pricing supplement for autocallable contingent coupon notes, finalizing the terms for this structured debt offering linked to the performance of JPMorgan Chase & Co. common stock.

check_boxKey Events

• Finalizes Structured Note Offering

  The Bank of Nova Scotia has finalized the terms for autocallable contingent coupon notes, which are unsubordinated and unsecured debt securities of the Bank, under its Senior Note Program, Series A.

• Linked to JPMorgan Chase Stock

  Payments on the notes, including contingent coupons and principal at maturity, are based on the performance of JPMorgan Chase & Co. common stock, introducing market risk tied to the reference asset.

• Contingent Coupon Feature

  Notes offer contingent coupons of at least 8.30% per annum if JPMorgan Chase & Co. stock is at or above 70% of its initial value on specified observation dates.

• Principal at Risk

  Investors may lose up to 100% of the principal amount if the notes are not automatically called and JPMorgan Chase & Co. stock's final value is less than 70% of its initial value.

auto_awesomeAnalysis

This 424B8 filing provides the definitive terms for a new series of autocallable contingent coupon notes, which are unsubordinated and unsecured debt securities of The Bank of Nova Scotia. These notes are part of the bank's Senior Note Program, Series A, and follow the preliminary offering announcement on January 23, 2026. While the notes represent a capital raise for the bank, their performance for investors is tied to the common stock of JPMorgan Chase & Co., offering contingent coupons and potential principal repayment based on JPM's stock performance relative to specified barrier values. Investors face the credit risk of The Bank of Nova Scotia and market risk related to JPMorgan Chase & Co. stock, with potential for significant loss of principal.