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Published on 8/6/2019 in the Prospect News Structured Products Daily.

New Issue: TD prices $15.84 million leveraged buffered notes tied to index basket

By Sarah Lizee

Olympia, Wash., Aug. 6 – Toronto-Dominion Bank priced $15.84 million of 0% leveraged buffered notes due Aug. 23, 2021 linked to 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 184% of any basket gain.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged buffered notes
Underlying basket:Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (19% weight), Swiss Market index (10% weight) and S&P/ASX 200 index (8% weight)
Amount:$15,837,000
Maturity:Aug. 23, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 184% of any basket gain; par if basket falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial levels:3,376.12 for Stoxx, 1,533.46 for Topix, 7,407.06 for FTSE, 9,803.69 for Swiss and 6,768.571 for S&P/ASX
Pricing date:Aug. 2
Settlement date:Aug. 9
Agent:TD Securities (USA) LLC
Fees:2%
Cusip:89114Q3T3

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