New Issue: TD Bank sells $870,000 leveraged market-linked notes on Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 2 – Toronto-Dominion Bank priced $870,000 of 0% market-linked securities with leveraged upside participation to a cap and contingent downside due Jan. 6, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum payment of par plus 52%.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline below the initial level if it falls by more than 25%.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked securities with leveraged upside participation to a cap and contingent downside
Underlying index:	Euro Stoxx 50
Amount:	$870,000
Maturity:	Jan. 6, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain capped at par plus 52%; par if the index falls by up to 25%; 1% loss for every 1% decline below initial level if index falls by more than 25%
Initial index level:	2,937.36
Threshold level:	2,203.02, 75% of initial level
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Agents:	TD Securities (USA) LLC and Wells Fargo Securities, LLC
Fees:	2.35%
Cusip:	89114QFF0

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