Preferred Stock Channel
Bank of Nova Scotia Halifax | Non-cumulative Preferred Shares Series 15 (BNS.PRM.CA)

Prospectus excerpt:  The holders of Non-cumulative Preferred Shares Series 15 (the ‘‘Preferred Shares Series 15’’) of The Bank of Nova Scotia (the ‘‘Bank’’) will be entitled to receive fixed non-cumulative preferential cash dividends, payable quarterly as and when declared by the Board of Directors on the third last business day of January, April, July and October in each year. The initial dividend, if declared, will be payable July 27, 2007 and shall be $0.34829 per share, based on the anticipated closing date of April 5, 2007. Thereafter, quarterly dividends shall be at a rate of $0.28125 per share. Reference is made to ‘‘Details of the Offering’’. Subject to the provisions of the Bank Act (Canada) (the ‘‘Bank Act’’) and the prior consent of the Superintendent of Financial Institutions Canada (the ‘‘Superintendent’’), on and after July 27, 2012, the Bank may redeem the Preferred Shares Series 15, in whole or in part, at the Bank’s option without the consent of the holder, by the payment in cash of a sum equal to $25.00 per share plus, if redeemed before July 27, 2016, a premium, together with declared and unpaid dividends to the date fixed for redemption.

Full Prospectus PDF », BNS.CA Page »

Series:15
Alternate symbology:BNS-M.CA, BNS-PM.CA, BNSprM.CA
Redeemable?:Yes
Call Date:7/27/2016 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:12000000
Overallotment:1800000
Liquidation Preference:$25
Original Coupon:4.50%
Pay Period:Quarterly
Pay Dates:31-Jan, 30-Apr, 31-Jul, 31-Oct
CDx3 Compliance Rating: Learn BNS.PRM.CA's Rating
The Bank of Nova Scotia is a financial services provider providing a range of products and services, including personal, commercial, corporate and investment banking. Co. has four operating segments: Canadian Banking, which provides a suite of financial advice and banking solutions to Retail, Small Business and Commercial Banking customers; International Banking, which is a franchise with Retail, Corporate and Commercial customers; Global Wealth Management, which is focused on delivering wealth management advice and solutions; and Global Banking and Markets, which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.

Preferreds: BNS.PRJ.CA, BNS.PRK.CA, BNS.PRL.CA, BNS.PRM.CA, BNS.PRN.CA, BNS.PRO.CA, BNS.PRP.CA, BNS.PRQ.CA, BNS.PRR.CA, BNS.PRS.CA, BNS.PRT.CA, BNS.PRX.CA, BNS.PRY.CA, BNS.PRZ.CA


Open the BNS.CA Information Page »
Name:  Bank of Nova Scotia Halifax
Website:  www.scotiabank.com
Sector:  Banking & Savings
Number of ETFs Holding BNS.CA:  7 (see which ones)
Total Market Value Held by ETFs:  $68,197,652
Total Market Capitalization:  $75,063,000,000
% of Market Cap. Held by ETFs:  0.09%

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