Scotiabank Announces Redemption of 5.30% Debentures due January 31, 2018 by
/NOTE TO EDITORS: NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES/
TORONTO, Dec. 27, 2012 /CNW/ - Scotiabank (BNS: TSX, NYSE) today announced
that the Bank, intends to redeem all outstanding 5.30 % debentures due January
31, 2018 (the "Debentures") for 100% of their principal amount plus accrued
interest to the redemption date. The redemption will occur on January 31, 2013.
The redemption of the Debentures will be financed out of the general funds of
Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With more than 81,000 employees, Scotiabank
and its affiliates serve some 19 million customers in more than 55 countries
around the world. Scotiabank offers a broad range of products and services
including personal, commercial, corporate and investment banking. In December
2012, Scotiabank became the first Canadian bank to be named Global Bank of the
Year and Bank of the Year in the Americas by The Banker magazine, a Financial
Times publication. With assets of $668 billion (as at October 31, 2012),
Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more
information please visit www.scotiabank.com.
For further information please contact Jake Lawrence, Managing Director,
Group Treasury, at (416) 866-5712, email@example.com.
SOURCE: Scotiabank - Financial Releases
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-0- Dec/27/2012 22:00 GMT
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