New Issue-Bank of Nova Scotia sells $1.25 bln in 2 parts
Jan 6 (Reuters) - The Bank of Nova Scotia (BNS.TO) (BNS.N) on Thursday sold $1.25 billion of notes in two parts, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch, Barclays, Morgan Stanley and Scotia Capital were the joint bookrunning managers for the sale. BORROWER: THE BANK OF NOVA SCOTIA TRANCHE 1* AMT $500 MLN COUPON 2.375 PCT MATURITY 12/17/2013 TYPE NTS ISS PRICE 101.991 FIRST PAY 6/17/2011 MOODY'S Aa1 YIELD 1.675 PCT SETTLEMENT 1/13/2011 S&P AA-MINUS SPREAD 60 BPS PAY FREQ SEMI-ANNUAL FITCH AA-MINUS MORE THAN TREAS NON-CALLABLE N/A TRANCHE 2 AMT $750 MLN COUPON 4.375 PCT MATURITY 1/13/2021 TYPE NTS ISS PRICE 99.84 FIRST PAY 7/13/2011 MOODY'S Aa1 YIELD 4.395 PCT SETTLEMENT 1/13/2011 S&P AA-MINUS SPREAD 100 BPS PAY FREQ SEMI-ANNUAL FITCH AA-MINUS MORE THAN TREAS NON-CALLABLE N/A * REOPENING
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