Toronto-Dominion to price buffered digital notes on MSCI EAFE index

By Devika Patel

Knoxville, Tenn., Nov. 18 – Toronto-Dominion Bank plans to price 0% 30- to 33-month buffered digital notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The exact maturity will be set at pricing.

If the final index level is greater than or equal to the buffer level, which is expected to fall between 85.9% and 83.42% of the initial index level and will be set at pricing, the payout at maturity will be par plus the digital return of 15%.

Otherwise, investors will lose 1.1641% to 1.1988% for each 1% decline beyond the buffer.

TD Securities (USA) LLC and Goldman Sachs & Co. are the agents.

The Cusip is 89114QYN2.

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