It is a bought offeringScotiabank closes $1.72-billion offering 2018-06-08 09:20 ET - News Release Mr. Adam Borgatti reports SCOTIABANK ANNOUNCES CLOSING OF COMMON SHARE OFFERING Bank of Nova Scotia has completed its previously announced public offering of 22,655,000 common shares at a price of $76.15 per common share for gross proceeds of $1,725,178,250. The offering was underwritten by a syndicate of underwriters led by Scotia Capital Inc. on a bought deal basis. The common shares issued include 2,955,000 shares purchased by the underwriters pursuant to the overallotment option exercised in full by the underwriters. The common shares issued are listed on the Toronto Stock Exchange and the New York Stock Exchange. About Bank of Nova Scotia Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, Europe, and Asia-Pacific. The bank is dedicated to helping its 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.