Shearman And Sterling

News October 07, 2021

Scotiabank’s Offering of $600 Million of 3.625 Percent Fixed Rate Resetting LRCNs

Shearman & Sterling represented The Bank of Nova Scotia in connection with its inaugural registered offering of $600 million aggregate principal amount of 3.625 percent Fixed Rate Resetting Limited Recourse Capital Notes, Series 2 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness).

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