Shearman & Sterling represented The Bank of Nova Scotia in connection with its inaugural registered offering of $1 billion aggregate principal amount of 0.650 percent Senior Sustainability Bonds due 2024 (Bail-inable notes).

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 proceeds of this inaugural Sustainability Bond offering will be used to fund the financing or refinancing of eligible green and/or social assets, businesses or projects that meet the Scotiabank Sustainable Bond Framework Eligibility Criteria.

The Team