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Published on 11/27/2019 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $434,000 leveraged capped notes on index basket

By Kiku Steinfeld

Chicago, Nov. 27 – Toronto-Dominion Bank priced $434,000 of leveraged capped notes due Dec. 16, 2020 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 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with an 8% 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 triple the basket return, subject to a maximum payout of $1,281.40 per $1,000 of notes.

Investors will be exposed to any decline in the basket.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped notes
Basket components:Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight) and S&P/ASX 200 (8% weight)
Amount:$434,000
Maturity:Dec. 16, 2020
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus triple basket return, capped at $1,281.40 per $1,000 of notes; exposure to any basket decline
Initial levels:3,699.50 for Euro Stoxx, 1,700.33 for Topix, 7,351.21 for FTSE, 10,299.22 for Swiss Market, 6,698.358 for S&P/ASX
Pricing date:Nov. 13
Settlement date:Nov. 20
Agent:TD Securities (USA) LLC
Fees:None
Cusip:89114R5E2

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