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The Bank of Nova Scotia Announces New Medium-Term Notes Issuance
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The Bank of Nova Scotia Announces New Medium-Term Notes Issuance

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An update from Bank Of Nova Scotia ( (TSE:BNS) ) is now available.

On February 4, 2025, The Bank of Nova Scotia issued a report highlighting the issuance and sale of three series of its Senior Medium-Term Notes. These notes include US$400 million Floating Rate Notes due 2029, US$1.25 billion 4.932% Fixed-to-Floating Rate Notes due 2029, and US$1 billion 5.130% Fixed-to-Floating Rate Notes due 2031. This move is part of the bank’s ongoing efforts to strategically manage its term funding and capital management. The issuance is expected to enhance the bank’s financial flexibility and strengthen its market position.

More about Bank Of Nova Scotia

The Bank of Nova Scotia, also known as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. It offers a range of services including personal and commercial banking, wealth management, and corporate and investment banking. The bank has a significant presence in international markets, particularly in Latin America and the Caribbean.

YTD Price Performance: -6.63%

Average Trading Volume: 1,468,239

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $61.33B

For an in-depth examination of BNS stock, go to TipRanks’ Stock Analysis page.

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