Filed pursuant to Rule 433
Registration No. 333-164300
Issuer Free Writing Prospectus
Dated June 10, 2010
The Bank of Nova Scotia
US$1,000,000,000 2.375% SENIOR NOTES DUE 2013
| |
|
|
|
| Issuer:
|
|
The Bank of Nova Scotia (the “Bank”) |
| |
|
|
| Title of Securities:
|
|
2.375% Senior Notes due 2013 |
| |
|
|
Aggregate Principal
|
|
US$1,000,000,000 |
| Amount:
|
|
|
| |
|
|
| Maturity Date:
|
|
December 17, 2013 |
| |
|
|
| Price to Public:
|
|
99.650%, plus accrued interest from June 17, 2010, if any |
| |
|
|
| Underwriters’ Fee:
|
|
0.250% |
| |
|
|
Net Proceeds to the Bank
|
|
US$994,000,000 |
after Underwriters’ Fee
and Before Expenses:
|
|
|
| |
|
|
| Coupon (Interest Rate):
|
|
2.375% |
| |
|
|
| Re-offer Yield:
|
|
2.480% |
| |
|
|
| Spread to Benchmark
|
|
T + 125 basis points |
| Treasury:
|
|
|
| |
|
|
| Benchmark Treasury:
|
|
1.375% due May 15, 2013 |
| |
|
|
Benchmark Treasury
Yield:
|
|
1.230% (100-131/4) |
| |
|
|
| Interest Payment Dates:
|
|
June 17 and December 17 of each year, beginning on
December 17, 2010, and ending at maturity |
| |
|
|
| Trade Date:
|
|
June 10, 2010 |
| |
|
|
| Settlement Date:
|
|
June 17, 2010; (T+5) |
| |
|
|
| CUSIP / ISIN:
|
|
064149B97 / US064149B979 |
Underwriters:
| |
|
|
|
|
| |
|
Principal Amount of |
|
| |
|
Securities to Be |
|
| Underwriter |
|
Purchased |
|
Citigroup Global Markets Inc. |
|
$ |
250,000,000 |
|
Banc of America Securities LLC |
|
$ |
250,000,000 |
|
Barclays Capital Inc. |
|
$ |
200,000,000 |
|
Morgan Stanley & Co. Incorporated |
|
$ |
150,000,000 |
|
Scotia Capital (USA) Inc. |
|
$ |
100,000,000 |
|
HSBC Securities (USA) Inc. |
|
$ |
50,000,000 |
|
Total |
|
$ |
1,000,000,000 |
|
The Bank has filed a registration statement (File No. 333-164300) (including a base shelf
prospectus dated January 11, 2010) and a preliminary prospectus supplement dated June 10, 2010
(including the base shelf prospectus, the “Prospectus”) with the SEC for the offering to which
this communication relates. Before you invest, you should read the Prospectus and the documents
incorporated therein by reference that the Bank has filed with the SEC for more complete
information about the Bank and this offering. You may obtain these documents for free by visiting
EDGAR on the SEC website at www.sec.gov or by visiting the Canadian System for Electronic
Document Analysis and Retrieval (SEDAR) website, which may be accessed at www.sedar.com.
Alternatively, the Bank or any underwriter participating in the offering will arrange to send you
the Prospectus and any document incorporated therein by reference if you request such documents
by calling Citigroup Global Markets Inc. toll-free at 1-877-858-5407 or Banc of America
Securities LLC toll-free at 1-800-294-1322 or Barclays Capital Inc. toll‑free at 1-888-603-5847
or Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649 or Scotia Capital (USA) Inc.
toll-free at 1‑800‑372‑3930.