Toronto-Dominion plans leveraged capped buffered notes tied to basket

By Devika Patel

Knoxville, Tenn., Nov. 7 – Toronto-Dominion Bank plans to price 0% leveraged capped buffered basket-linked notes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stock, ordinary shares, registered shares and American depository receipts of ABB Ltd., Alarm.com Holdings, Inc., Ametek Inc., America Movil SAB de CV, Acuity Brands, Inc., CommScope Holding Co., Inc., Cubic Corp., Amdocs Ltd., Comfort Systems USA, Inc., FLIR Systems, Inc., Flowserve Corp., Honeywell International Inc., Hubbell Inc., iRobot Corp., Itron, Inc., Lear Corp., Logitech International SA, Marvell Technology Group Ltd., Mueller Water Products, Inc., MaxLinear, Inc., NetGear, Inc., Koninklijke Philips NV, Pentair plc, Roper Technologies, Inc., Silicon Laboratories Inc., STMicroelectronics NV, TE Connectivity Ltd., Toro Co., Watts Water Technologies, Inc. and Xylem Inc.

The notes are expected to mature about five years after pricing, with the exact maturity to be set at pricing.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment that is expected to fall between $1,450 and $1,500 per $1,000 of notes and will be set at pricing.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

TD Securities (USA) LLC is the agent.

The Cusip is 89114QYL6.

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