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 August 2014. The report relates to the Registrants' U.S.$15,000,000,000 global covered bond program registered under the National Housing Act (Canada) and the Canadian Registered Covered Bond Programs Guide.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on legal amendments to the covered bond program structure rather than operational financial performance.
Material Changes
The filing details amendments to three key legal instruments dated August 15, 2014, to provide for program updates:
- Trust Deed: An amending agreement to the amended and restated trust deed dated January 22, 2014.
- Master Definitions and Construction Agreement: An amending agreement to the agreement originally dated September 24, 2013, and previously amended on July 22, 2014.
- Interest Rate Swap Confirmation: An amended confirmation dated August 15, 2014, which supersedes and replaces in its entirety the confirmation dated July 29, 2013.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to incorporate the aforementioned legal exhibits by reference into the Registrants' registration statement on Form F-3.
Investor Verification Points
- Verify the specific terms of the August 15, 2014 amendments to the Trust Deed and Master Definitions and Construction Agreement.
- Confirm the details of the new interest rate swap confirmation replacing the July 2013 agreement.
- Review the full text of Exhibits 4.1, 4.2, and 4.3 filed herewith for complete legal language.