New Issue: TD Bank prices $25,000 index-linked digital buffered notes on Russell 2000

By William Gullotti

Buffalo, N.Y., Nov. 12 – Toronto-Dominion Bank priced $25,000 of 0% index-linked digital buffered notes due Aug. 2, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% buffer level, the payout at maturity will be par plus 11.3%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Index-linked digital buffered notes
Underlying index:	Russell 2000 index
Amount:	$25,000
Maturity:	Aug. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to the buffer level, par plus 11.3%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:	2,226.246
Buffer level:	1,892.3091; 85% of initial level
Pricing date:	July 30
Settlement date:	Aug. 4
Agent:	TD Securities (USA) LLC
Fees:	0.5%
Cusip:	89114TME9

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