New Issue: TD Bank sells $116,000 capped leveraged buffered notes on Russell 2000

By Marisa Wong

Los Angeles, April 26 – Toronto-Dominion Bank priced $116,000 of 0% capped leveraged buffered notes due March 1, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payout of $1,206 per $1,000 principal amount. Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% index decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	Russell 2000
Amount:	$116,000
Maturity:	March 1, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 20.6%; par if index declines by 10% or less; 1% loss for each 1% index decline beyond 10%
Initial index level:	2,201.051
Buffer level:	1,980.9459, 90% of the initial level
Pricing date:	Feb. 26
Settlement date:	March 3
Agent:	TD Securities (USA) LLC
Fees:	0.5%
Cusip:	89114TA77

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