New Issue: TD Bank prices $3.25 million leveraged basket-linked notes tied to weighted index basket

By Kiku Steinfeld

Chicago, Aug. 4 – Toronto-Dominion Bank priced $3.25 million of leveraged basket-linked notes due Feb. 27, 2025 linked to an unequally weighted basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with an 12% weight and the S&P/ASX 200 index with an 9% weight.

If the basket return is positive, the payout at maturity will be par plus 202.06% of the return.

Investors will be fully exposed to any basket decline.

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

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged basket-linked notes
Basket components:	Euro Stoxx 50 (36% weight), Topix (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight) and S&P/ASX 200 (9% weight)
Amount:	$3.25 million
Maturity:	Feb. 27, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 202.06% of the basket return; otherwise, investors will lose 1% for every 1% that the basket declines from initial level
Initial levels:	4,242.88 for Euro Stoxx, 1,975.25 for Topix, 7,930.63 for FTSE, 11,300.29 for Swiss Market, 7,314.504 for S&P/ASX
Pricing date:	Feb. 22, 2023
Settlement date:	Feb. 28, 2023
Agents:	TD Securities (USA) LLC and Goldman Sachs & Co. LLC
Fees:	1.75%
Cusip:	89114YQK0

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