Business Context and Reporting Period
This Form 6-K filing by The Bank of Nova Scotia (Scotiabank) and Scotiabank Covered Bond Guarantor Limited Partnership covers the month of April 2015, with a filing date of April 8, 2015. The report serves to incorporate an underwriting agreement by reference into the Registrants' existing Form F-3 registration statement (File No. 333-188984) for a U.S.$15,000,000,000 global covered bond program.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, or liquidity ratios. The document focuses exclusively on a specific debt issuance event:
- Debt Issuance: U.S.$1,100,000,000 aggregate principal amount of covered bonds.
- Interest Rate: 1.850%.
- Maturity: Due 2020.
- Underwriters: Citigroup Global Markets Inc. and Scotia Capital (USA) Inc.
Material Changes
The filing does not disclose material changes to the Registrants' financial condition or operations compared to prior periods. The primary activity reported is the execution of an underwriting agreement dated April 7, 2015, facilitating the issuance of the aforementioned covered bonds.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors related to the Registrants' general business operations. The document is a procedural filing to update the shelf registration statement with the specific terms of the April 2015 bond issuance.
Key Facts for Investor Verification
- Verify the successful closing of the U.S.$1.1 billion covered bond issuance at the stated 1.850% coupon rate.
- Confirm the utilization of the U.S.$15 billion global covered bond program shelf registration.
- Note that this filing does not contain quarterly or annual financial results; investors should refer to the Registrants' Form 20-F or Form 40-F for comprehensive financial data.