BNS EURO STOXX 50 Autocallable Notes, Series 69

Transcription

1 BNS EURO STOXX 50 Autocallable tes, Series 69 Principal at Risk tes Due October 6, 2022 August 30, 2017 A Bank of va Scotia short form base shelf prospectus dated October 31, 2016, a prospectus supplement thereto dated vember 4, 2016 and pricing supplement. 543 thereto dated August 30, 2017 (together, the Prospectus ) have been filed with the securities regulatory authorities in each of the provinces and territories of Canada. A copy of the Prospectus, and any amendments or supplements thereto that have been filed is required to be delivered with this document. The Prospectus, and any amendments or supplements thereto, contains important information relating to the securities described in this document. This document does not provide full disclosure of all material facts relating to the securities offered and investors should read the Prospectus, and any amendments or supplements thereto, for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision. A copy of the short form base shelf prospectus, the prospectus supplement and the pricing supplement can also be obtained at Unless the context otherwise requires, terms not otherwise defined herein will have the meaning ascribed thereto in the Prospectus. GRAPHICAL DESCRIPTION OF RETURN PROFILE FOR THE INVESTMENT HIGHLIGHTS NOTES Yes Yes Yes Yes Autocall - US$ US$8.75 per te + Index Return exceeds 8.75% Autocall - US$ US$17.50 per te + Index Return exceeds 17.50% Autocall - US$ US$26.25 per te + Index Return exceeds 26.25% Autocall - US$ US$35.00 per te + Index Return exceeds 35.00% Yes Is the Index Level greater than or equal to the Autocall Level? Is the Index Level greater than the Barrier Level? Yes US$ US$43.75 per te + Index Return exceeds 43.75% Issuer: The Bank of va Scotia Index*: EURO STOXX 50 Index Potential Return: The Fixed Return for the 2018 Autocall,,, 2021 Autocall and the is 8.75%, 17.50%, 26.25%, 35.00% and 43.75%, respectively. The Fixed Return is equivalent to an annualized return of 8.75%, 8.40%, 8.08%, 7.79%, and 7.53%, respectively. Investors may also receive an additional return of 5.00% of the amount, if any, by which the Index Return exceeds the Fixed Return on the applicable. s: October 2, 2018, October 1, 2019, September 30, 2020, September 30, 2021 (each an Autocall ) and September 30, 2022 (the ). Barrier Protection: The tes provide contingent principal protection at maturity if the Index Level is above the Barrier Level (70.00% of the Initial Index on the. If the Index Level is below or equal to the Barrier Level on the, an investor in the tes will be fully exposed to any negative price performance of the Index, meaning that substantially all such investor s investment may be lost (subject to a minimum principal repayment of US$1.00 per te). US$ per te Investors receive initial investment reduced by the Index Return (minimum principal repayment of US$1.00 per te) * The Index level reflects only the price appreciation or depreciation of the securities of the companies comprising the Index and does not reflect the payment of dividends, distributions or other income or amounts on such securities. The annual dividend yield on the Index as of July 31, 2017 was 3.43%, representing an aggregate dividend yield of approximately 18.37% annually compounded over the 5-year term of the tes on the assumption that the dividends paid on the securities comprising the Index remain constant. FundSERV Available Until Issue Maturity Min. Investment (if not called) SSP1340 September 29, 2017 October 6, 2017 October 6, 2022 US$5,000 CONTACT INFORMATION Western Canada Ontario & Eastern Canada Quebec National Todd Thal: Chris Janson: Todd Chalmers: Evelyn Kamiliotis: Stephanie Kirin: Toll Free: The information above must be read in conjunction with the Prospectus.

2 KEY TERMS Issuer: Principal Issue : CUSIP: FundSERV Code: Maturity : Autocall: Autocall Level: Minimum Investment: Index: The Bank of va Scotia (the Bank ) US$ per te. The tes will be issued on or about October 6, 2017, or such other date as may be agreed between the Bank and Scotia Capital Inc. and Laurentian Bank Securities Inc YY3 SSP1340 October 6, 2022 (approximately a 5 year term), subject to the tes being automatically called by the Bank. The tes will be automatically called (i.e., redeemed) by the Bank and a Variable Return will be paid to investors if the Closing Index Level on any Autocall is greater than or equal to the Autocall Level. The tes cannot be automatically called prior to October 9, 2018 If the Closing Index Level on any Autocall is not greater than or equal to the Autocall Level, the tes will not be automatically called by the Bank and the Variable Return will not be paid to investors % of the Initial Index Level US$5,000 (50 tes) Whether there is a return on the tes through the Variable Return and whether the Principal is returned at maturity is based on the price performance of the EURO STOXX 50 Index, which represents a capitalization-weighted Index of 50 stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Initial : October 6, 2017 s: The Closing Index Level will be observed on October 2, 2018, October 1, 2019, September 30, 2020, September 30, 2021 (each an Autocall ) and September 30, 2022 (the ), provided, in each case, that if such day is not an Exchange Business Day then the Autocall or the, as the case may be, will be the immediately preceding Exchange Business Day, subject to the occurrence of a Market Disruption Event. Index Return: Initial Index Level: Index Level: Currency: Barrier Level: Variable Return: Listing and Secondary Market: Holders of record on the applicable Record will be entitled to an amount payable on the tes if they are automatically called by the Bank or at maturity (in each case, the ) as calculated by the Calculation Agent as follows: If the Closing Index Level on an Autocall or the is greater than or equal to the Autocall Level, the will equal: If the Index Level on the is less than the Autocall Level, but greater than the Barrier Level, the will equal: Principal If the Index Level on the is equal to or less than the Barrier Level, the will equal: Principal + (Principal x Index Return) The may be substantially less than the Principal invested by an investor. The will be subject to a minimum principal repayment of US$1.00 per te. Index Level Initial Index Level Initial Index Level The official closing level or value of the Index on a given day as calculated and announced by the Index Sponsor on an Exchange Business Day. The Closing Index Level on the Initial, provided that if the Initial is not an Exchange Business Day, the Initial Index Level will be determined as of the first succeeding day that is an Exchange Business Day. The Closing Index Level on an Autocall or the, as the case may be The performance of the tes in U.S. dollars will be based solely upon the Index Return. Accordingly, the payable in respect of the tes will be unaffected by changes in the exchange rate of the U.S. dollar relative to any other currency. To the extent other assets or income of a holder of tes are denominated in another currency, such as the Canadian dollar, an investment in the tes will entail foreign exchange related risks % of the Initial Index Level. The Variable Return, if any, applicable to each respective will be calculated using the following formula: Principal x (Fixed Return + Additional Return) Fixed Return 8.75% 17.50% 26.25% 35.00% 43.75% Additional Return (if Index Return > Fixed Return), if any (Index Return less 8.75%) x 5.00% (Index Return less 17.50%) x 5.00% (Index Return less 26.25%) x 5.00% (Index Return less 35.00%) x 5.00% (Index Return less 43.75%) x 5.00% The Fixed Return for the,,, and the is equivalent to an annualized return of 8.75%, 8.40%, 8.08%, 7.79% and 7.53%, respectively. The tes will not be listed on any exchange or marketplace. Scotia Capital Inc. will use reasonable efforts under normal market conditions to provide a daily secondary market for the sale of the tes but reserves the right to elect not to do so, in its sole and absolute discretion, without prior notice to investors. Early Trading Charge: If Sold Within Early Trading Charge (% of Principal ) Eligibility for Investment: Fees and Expenses: 0-90 days of Issue days of Issue Thereafter 4.00% 2.00% Nil RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs A selling concession fee of US$2.50 per te sold (or 2.50% of the Principal ) will be payable to the Investment Dealers for further payment to representatives, including representatives employed by the Investment Dealers whose clients purchase the tes. A fee of up to US$0.15 per te sold (or up to 0.15% of the Principal ) will be payable directly by the Bank to Laurentian Bank Securities Inc. for acting as independent agent.

3 HYPOTHETICAL EXAMPLES The following examples show how the Index Return and would be calculated based on certain hypothetical values and assumptions set out below. These examples are for illustrative purposes only and should not be construed as an estimate or forecast of the performance of the Index or the return that an investor might realize on the tes. The Index Return will be calculated based on the price performance of the Index, which will not reflect the value of any dividends, distributions or other income or amounts accruing on the constituent securities of the Index. Certain dollar amounts are rounded to the nearest whole cent. Values for hypothetical calculations: Initial Index Level: 3, Barrier Level: 70.00% of the Initial Index Level = 70.00% x 3,203.07= 2, Autocall Level: % of the Initial Index Level = % x 3,203.07= 3, Example #1 - The tes are not automatically called as the Closing Index Level on each Autocall is less than the Autocall Level. The Index Level on the is equal to or less than the Barrier Level and no Variable Return is payable. 1, ( Index % US$50.33 per te Since the Index Level (1,612.11) on the is less than the Barrier Level (2,242.15), the is calculated as follows: Principal + (Principal x Index Return) US$ (US$ x %) = US$50.33 per te In this example, since the Index Level on the is below the Autocall Level, no Variable Return is payable. An investor would receive a of US$50.33 per te on the Maturity, which is equivalent to an annual compound rate of return of approximately % per te. Example #2 - The tes are not automatically called as the Closing Index Level on each Autocall is less than the Autocall Level. The Index Level on the is less than the Autocall Level, but greater than the Barrier Level and no Variable Return is payable. 2, ( Index % US$ per te Since the Index Level (2,860.34) on the is less than the Autocall Level (3,203.07), but greater than the Barrier Level (2,242.15), the is calculated as follows: Principal = US$ per te In this example, since the Index Level on the is below the Autocall Level, no Variable Return is payable. An investor would receive a of US$ per te on the Maturity, which is equivalent to an annual compound rate of return of 0.00% per te. Example #3 - The tes are not automatically called as the Closing Index Level on each Autocall is less than the Autocall Level. The Index Level on the is greater than or equal to the Autocall Level and a Variable Return is payable consisting of a Fixed Return only. Additional Return is payable as the Index Return is less than or equal to the Fixed Return. 3, ( Index 2.08% US$ per te

4 Since the Index Level (3,269.69) on the is greater than the Autocall Level (3,203.07), the is calculated as follows: US$ (US$ x 43.75% + 0) = US$ per te In this example, since the Index Return (2.08%) is less than the Fixed Return (43.75%), no Additional Return is payable. An investor would receive a of US$ per te, which is equivalent to an annual compound rate of return of approximately 7.53% per te. Example #4 - The tes are not automatically called on the 2018 or s as the Closing Index Level is less than the Autocall Level. The tes are automatically called on the as the Closing Index Level is greater than or equal to the Autocall Level and a Variable Return is payable consisting of a Fixed Return and an Additional Return as the Index Return is greater than the Fixed Return. 3, , , (Autocall) 39.24% Maturity Redemption US$ per te Since the Closing Index Level (4,459.95) on the is greater than the Autocall Level (3,203.07), the Maturity Redemption is calculated as follows: US$ [US$ x [26.25% + (5.00% x (39.24% %))]] = US$ per te In this example, since the Index Return (39.24%) is greater than the Fixed Return (26.25%), an Additional Return is payable. An investor would receive a of US$ per te, which is equivalent to an annual compound rate of return of approximately 8.26% per te. Example #5 -The tes are automatically called on the as the Closing Index Level is greater than or equal to the Autocall Level and a Variable Return is payable consisting of a Fixed Return only. Additional Return is payable as the Index Return is less than the Fixed Return. 3, (Autocall) Index Return: 6.00% US$ per te Since the Closing Index Level (3,395.25) on the is greater than the Autocall Level (3,203.07), the Maturity Redemption is calculated as follows: US$ (US$ x 8.75% + 0) = US$ per te In this example, since the Index Return (6.00%) is less than the Fixed Return (8.75%), no Additional Return is payable. An investor would receive a of US$ per te, which is equivalent to an annual compound rate of return of 8.75% per te. These examples are for illustrative purposes only and should not be construed as an estimate or forecast of the performance of the Index or the return that an investor might realize on the tes. The Index Return will be calculated based on the price performance of the Index, which will not reflect the value of any dividends, distributions or other income or amounts accruing on the constituent securities of the Index. Certain dollar amounts are rounded to the nearest whole cent.

5 DISCLAIMER securities regulatory authority has in any way passed upon the merits of securities referred to herein and any representation to the contrary is an offence. The tes are not principal protected (subject to a minimum principal repayment of US$1.00 per te) and an investor may receive substantially less than the original principal amount at maturity. A person should reach a decision to invest in the tes only after carefully considering, with his or her investment, legal, accounting, tax and other advisors, the suitability of the tes in light of his or her investment objectives and the information set out in the Prospectus. The Bank, the Calculation Agent, Scotia Capital Inc. and Laurentian Bank Securities Inc. make no recommendation as to the suitability of the tes for investment by any particular person. The tes have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 1933 Act ), or any State securities laws and, subject to certain exceptions, may not be offered for sale, sold or delivered, directly or indirectly, in the United States, its territories or possessions or to or for the account or benefit of U.S. persons within the meaning of Regulation S under the 1933 Act. In addition, the tes may not be offered or sold to residents of any jurisdiction or country in Europe. Scotiabank, Scotiabank Global Banking and Markets, Scotia Capital Inc. and the flying S logo are registered trademarks of The Bank of va Scotia. s paid to holders of tes will depend on the performance of the underlying interests. Unless otherwise specified in the Prospectus, the Bank does not guarantee that any of the principal amount of tes will be paid at maturity or that any return will be paid on tes (subject to a minimum principal repayment of US$1.00 per te). Purchasers could lose substantially all of their investment in tes (subject to a minimum principal repayment of US$1.00 per te). tes are not appropriate investments for persons who do not understand the risks associated with structured products or derivatives. A purchaser of tes will be exposed to fluctuations and changes in the levels of the Index to which the tes are linked. Index levels may be volatile and an investment linked to index levels may also be volatile. Purchasers should read carefully the Risk Factors sections in the Prospectus. The tes will not constitute deposits under the Canada Deposit Insurance Corporation Act. The tes have not been rated and will not be insured by the Canada Deposit Insurance Corporation or any other entity and therefore the payments to investors will be dependent upon the financial health and creditworthiness of the Bank. Scotia Capital Inc. is a wholly owned subsidiary of the Bank. Consequently, the Bank is a related and connected issuer of Scotia Capital Inc. within the meaning of applicable securities legislation. See Plan of Distribution in the Prospectus. The information contained herein, while obtained from sources believed to be reliable, is not guaranteed as to its accuracy or completeness. INDEX SPONSOR STOXX Limited ( STOXX ) and its licensors (the Licensors ) have no relationship to the Bank, other than the licensing of the Index and the related trademarks for use in connection with the tes. STOXX and the Licensors do not: sponsor, endorse, sell or promote the tes; recommend that any person invest in the tes or any other securities; have any responsibility or liability for or make any decisions about the timing, amount or pricing of the tes; have any responsibility or liability for the administration, management or marketing of the tes; consider the needs of the tes or the owners of the tes in determining, composing or calculating the Index or have any obligation to do so. STOXX and the Licensors will not have any liability in connection with the tes. Specifically, STOXX and the Licensors do not make any warranty, express or implied and disclaim any and all warranty about: o the results to be obtained by the tes, the owner of the tes or any other person in connection with the use of the Index and the data included in the Index; o the accuracy or completeness of the Index and its data; o the merchantability and the fitness for a particular purpose or use of the Index and its data; STOXX and the Licensors will have no liability for any errors, omissions or interruptions in the Index or its data; under no circumstances will STOXX or the Licensors be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its Licensors knows that they might occur. The licensing agreement between the Bank and STOXX is solely for their benefit and not for the benefit of the owners of the tes or any other third parties.