Bank of Nova Scotia and Scotiabank Europe Offer US$500M Notes

The Bank of Nova Scotia and Scotiabank Europe plc recently issued US$500 million of Floating Rate Deposit Notes due September 4, 2003 (listed on the London Stock Exchange plc) pursuant to their US$8 billion Euro Medium Term Note Program. This offering brings the total amount of notes issued under the program this year to US$1.5 billion.

The dealers for this offering were Barclays Bank PLC, Deutsche Bank AG London, UBS AG (acting through its business group UBS Warburg), Daiwa Securities SMBC Europe Limited, Tokyo-Mitsubishi International plc and Scotia Capital Inc.

The McCarthy Tétrault LLP team, acting for Bank of Nova Scotia and Scotiabank Europe plc, was comprised of Barry J. Ryan, Rasha H. El sissi and Steven R. Kim (business) and Gabrielle M.R. Richards and Michael G. Quigley (tax). The dealers were represented by Marianne Sussex of Stikeman Elliott’s London office.