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Scotiabank announces interest rate reset on Fixed Rate Resetting Limited Recourse Capital Notes, Series 1

Newswire.ca - Fri Jul 24, 1:00PM CDT

TORONTO, July 24, 2026 /CNW/ -- The Bank of Nova Scotia ("Scotiabank" or the "Bank") (TSX: BNS) (NYSE: BNS) today announced the interest rate for its $1.25 billion principal amount of 3.70% Fixed Rate Resetting Limited Recourse Capital Notes, Series 1 (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) (the "Notes") for the five-year period commencing on July 27, 2026.

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