BNS.PR.J To Be Redeemed

The Bank of Nova Scotia has announced:

that it intends to exercise its right to redeem all outstanding Non-cumulative Preferred Shares Series 12 of Scotiabank (the “Preferred Shares Series 12”) on October 29, 2013 at a price equal to $25.00 per share, together with all declared and unpaid dividends. Formal notice will be issued to shareholders in accordance with the share conditions.

The redemption has been approved by the Office of the Superintendent of Financial Institutions and will be financed out of the general funds of Scotiabank.

BNS.PR.J is a DeemedRetractible, paying 5.25%.

Update, 2013-10-31: Removed from TXPR.

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