TD Capital Trust IV announces redemption of series 2 notes

By William Gullotti

Buffalo, N.Y., Sept. 23 – TD Capital Trust IV plans to redeem all of its outstanding series 2 notes, according to a 6-K filing with the Securities and Exchange Commission on Thursday.

The securities will be redeemed on Nov. 1 at par plus accrued interest.

The trust is exercising its regulatory event redemption right because as of Nov. 1 the notes will no longer qualify as regulatory capital under Basel III.

TD Capital is a subsidiary of Toronto-Dominion Bank, a bank and financial services company based in Toronto.

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