/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
TORONTO, Sept. 7, 2012 /CNW/ - Scotiabank today announced that it has
completed its previously announced public offering of 33,350,000 common
shares, at a price of $52.00 per common share, for gross proceeds of
$1,734,200,000. The offering was underwritten by a syndicate of
underwriters led by Scotia Capital Inc. on a bought deal basis. The
common shares issued include 4,350,000 shares purchased by the
underwriters, at a price of $52.00 per common share, pursuant to the
over-allotment option exercised in full by the underwriters.
The common shares issued are listed on the Toronto Stock Exchange and
the New York Stock Exchange.
The common shares have not been and will not be registered under the
United States Securities Act of 1933, as amended, or under any state
securities laws, and may not be offered, sold, directly or indirectly,
or delivered within the United States of America and its territories
and possessions or to, or for the account or benefit of, United States
persons except in certain transactions exempt from the registration
requirements of such Act. This release does not constitute an offer to
sell or a solicitation to buy such securities in the United States or
in any other jurisdiction where such offer is unlawful.
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. With assets of $670 billion (as at July 31, 2012),
Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS).
For more information please visit www.scotiabank.com.
For further information:
For media enquiries:
Ann DeRabbie, Scotiabank Media Communications, 416-933-1344
Andrew Chornenky, Scotiabank Media Communications, 416-866-4826
For investor inquiries:
Peter Slan, Scotiabank Investor Relations, 416-933-1273