Shearman & Sterling acted as special US counsel to The Bank of Nova Scotia in connection with its offering of US$2.5 billion aggregate principal amount of 1.650% Covered Bonds due 2015, issued under the Bank’s US$15 billion Global Public Sector Covered Bond Programme, with Banc of America Securities LLC, Barclays Capital Inc., Morgan Stanley & Co. Incorporated and Scotia Capital (USA) Inc. acting as lead managers.
The Bank of Nova Scotia is one of North America’s premier financial institutions and Canada’s most international bank, offering a broad range of products and services to approximately 14.6 million customers in some 50 countries around the world.
The Shearman & Sterling team included partners Christopher Cummings (Toronto-Capital Markets) and Larry Crouch (Menlo Park-Tax) and associates Kevin Roggow (Toronto-Capital Markets)and Tina Li (Toronto-Capital Markets).