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Published on 5/11/2017 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $8.18 million buffered digital notes on MSCI EAFE index

New York, May 11 – Toronto-Dominion Bank priced $8.18 million of 0% buffered digital notes due May 14, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 90% of the initial index level, the payout at maturity will be par plus the digital return of 10.85%.

If the index declines beyond the 10% buffer the payout will be par less 1.1111% for every 1% decline beyond 10%.

TD Securities (USA) LLC is the underwriter with Goldman Sachs & Co. as agent.

Issuer:Toronto-Dominion Bank
Issue:Buffered digital notes
Underlying index:MSCI EAFE
Amount:$8,177,000
Maturity:May 14, 2019
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to 90% buffer level, par plus 10.85%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Pricing date:May 9
Settlement date:May 16
Underwriter:TD Securities (USA) LLC
Agent:Goldman Sachs & Co.
Fees:1.75%
Cusip:89114QZW1

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