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Published on 7/16/2018 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $9.09 million leveraged capped notes on index basket

By Sarah Lizee

Olympia, Wash., July 16 – Toronto-Dominion Bank priced $9.09 million of leveraged capped notes due Feb. 11, 2020 linked a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 3 times the basket return, subject to a maximum payout of $1,486 per $1,000 principal amount.

Investors will be exposed to any basket decline.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped notes
Underlying basket:Euro Stoxx 50 index with a 37% weight, FTSE 100 index with a 23% weight, Topix index with a 23% weight, Swiss Market index with a 9% weight and S&P/ASX 200 index with an 8% weight
Amount:$9,092,000
Maturity:Feb. 11, 2020
Coupon:0%
Price:Par
Payout at maturity:If the basket return is positive, par plus 3 times the basket gain, subject to a maximum payout of $1,486 per $1,000 principal amount; exposure to basket decline
Initial levels:3,445.49 for Euro Stoxx, 7,651.33 for FTSE, 1,709.68 for Topix, 8,818.19 for Swiss Market and 6,268.305 for S&P/ASX
Pricing date:July 12
Settlement date:July 19
Agent:TD Securities (USA) LLC
Fees:None
Cusip:89114QPJ1

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