Shearman & Sterling represented The Bank of Nova Scotia in connection with its inaugural registered offering of $500 million aggregate principal amount of 2.375% senior green bonds due 2023 (Bail-inable notes).

The proceeds of this inaugural green bond offering will be used to fund the financing or refinancing of assets, businesses or projects that reflect good practices for supporting the transition to a low carbon economy, consistent with the Scotiabank Green Bond Framework Eligibility Criteria.

The Bank of Nova Scotia is Canada’s international bank and a leading financial services provider in the Americas, offering a broad range of advice, products and services to its approximately 25 million customers around the world.

The Team