New Issue: TD Bank sells $7.81 million Leveraged Index Return Notes on Russell

By Marisa Wong

Los Angeles, May 6 – Toronto-Dominion Bank priced $7.81 million of 0% Capped Leveraged Index Return Notes due April 29, 2022 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 2 times any index gain, up to a maximum payout of par plus 24.02%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Russell 2000 index
Amount:	$7,805,600
Maturity:	April 29, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 2 times any index gain, capped at par plus 24.02%; if index falls by up to 10%, par; otherwise, 1% loss for every 1% index decline beyond 10%
Initial level:	1,214.065
Threshold level:	1,092.659, 90% of initial level
Final level:	Average of index closing levels on each of the five trading days ending April 26, 2022
Pricing date:	April 23
Settlement date:	April 30
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	891160459

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