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Published on 11/8/2019 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $16.72 million of digital basket-linked notes due 2022 on indexes

By Sarah Lizee

Olympia, Wash., Nov. 8 – Toronto-Dominion Bank priced $16.72 million of digital basket-linked notes due Nov. 2, 2022 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 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.

If the basket return is positive, the payout at maturity will be the greater of par plus the basket return and $1,448 per $1,000 of notes.

Investors will be exposed to any basket decline.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Digital basket-linked notes
Underlying basket:Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight) and S&P/ASX 200 (8% weight)
Amount:$16,715,000
Maturity:Nov. 2, 2022
Coupon:0%
Price:Par
Payout at maturity:If the basket return is positive, greater of par plus the basket return and $1,448 per $1,000 of notes; investors will be exposed to any basket decline
Initial levels:3,604.41 for Euro Stoxx, 1,667.01 for Topix, 7,248.38 for FTSE, 10,219.82 for Swiss Market, 6,663.374 for S&P/ASX
Pricing date:Oct. 31
Settlement date:Nov. 7
Agent:TD Securities (USA) LLC
Fees:3%
Cusip:89114R4E3

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