BRIEF-Scotiabank announces NVCC Preferred Shares offering

Wed Sep 7, 2016 11:06am EDT
 
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Sept 7 (Reuters) - Bank Of Nova Scotia

* Scotiabank announces NVCC Preferred Shares offering

* Agreed to sell 12 million of Preferred shares series 38 to a syndicate of underwriters led by Scotia capital on a bought deal basis

* Scotiabank will issue Preferred shares series 38 priced at $25 per share

* Net proceeds from transaction will be added to Scotiabank's funds and will be used for general business purposes Source text for Eikon: Further company coverage: