New Issue: TD Bank sells $14.61 million leveraged buffered notes linked to basket of 22 stocks

By Wendy Van Sickle

Columbus, Ohio, Nov. 13 – Toronto-Dominion Bank priced $14.61 million of 0% leveraged buffered index-linked notes due July 9, 2020 tied to a basket comprised of the ordinary shares of the 22 Spanish companies that make up the MSCI Spain 25/50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the ordinary shares of Actividades de Construccion y Servicios, SA (5% weight), Aena SME, SA (5% weight), Amadeus IT Group, SA (5% weight), Banco Bilbao Vizcaya Argentaria, SA (5% weight), Bankia, SA (3.383% weight), Bankinter, SA (4.082% weight), CaixaBank, SA (5% weight), Endesda, SA (4.618% weight), Enagas, SA (4.383% weight), Ferrovial, SA (5% weight), Grifols, SA (5% weight), International Consolidated Airlines Group, SA (3.372% weight), Iberdola, SA (5% weight), Industria de Diseno Textil, SA (5% weight), Mapfre, SA (3.005% weight), Naturgy Energy Group, SA (5% weight), Red Electric Corp., SA (5% weight), Repsol, SA (5% weight), Banco de Sabadell, SA (4.68%), Siemens Gamesa Renewable Energy, SA (2.476% weight) and Telefonica, SA (5% weight).

If the basket return is positive, the payout at maturity will be par plus 198% of the return. Investors will receive par if the basket falls by up to 10% and lose 1.1111% for every 1% decline beyond 10%.

TD Securities (USA) LLC and Goldman Sachs & Co. LLC are the underwriters.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged buffered index-linked notes
Basket components:	Actividades de Construccion y Servicios, SA (5% weight), Aena SME, SA (5% weight), Amadeus IT Group, SA (5% weight), Banco Bilbao Vizcaya Argentaria, SA (5% weight), Bankia, SA (3.383% weight), Bankinter, SA (4.082% weight), CaixaBank, SA (5% weight), Endesda, SA (4.618% weight), Enagas, SA (4.383% weight), Ferrovial, SA (5% weight), Grifols, SA (5% weight), International Consolidated Airlines Group, SA (3.372% weight), Iberdola, SA (5% weight), Industria de Diseno Textil, SA (5% weight), Mapfre, SA (3.005% weight), Naturgy Energy Group, SA (5% weight), Red Electric Corporacion, SA (5% weight), Repsol, SA (5% weight), Banco de Sabadell, SA (4.68%), Siemens Gamesa Renewable Energy, SA (2.476% weight) and Telefonica, SA (5% weight)
Amount:	$14.61 million
Maturity:	July 9, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 198% of return; par if basket falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
Pricing date:	Nov. 2
Settlement date:	Nov. 9
Underwriters:	TD Securities (USA) LLC and Goldman Sachs & Co. LLC
Fees:	1.35%
Cusip:	89114QRZ3

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