Scotiabank Capital Trust, established as part of Scotiabank, is headquartered in Toronto, Canada, with the purpose of providing strategic financing solutions to support the bank's capital initiatives. The company focuses on issuing innovative financial products, including capital trust securities, to enhance the bank's funding capabilities and optimize its capital structure.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BNS 5.65% 2056-12-31 CADScotiabank Capital Trust | Canada | 2056-12-31 | 5.650 | 5.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Scotiabank Capital Trust has been active in the bond market, first issuing trust securities in the early 2000s to bolster its balance sheet. Notably, the trust executed a significant issuance of preferred shares in 2006, which became a cornerstone of its funding strategy. Current yields on its bond offerings typically align with industry averages, reflecting robust investor interest and confidence. The trust's bonds often feature unique attributes, such as conversion options into common shares, which appeal to investors seeking both income and potential appreciation.