New Issue: TD Bank sells $590,000 contingent absolute return barrier notes on three indexes

Chicago, Dec. 15 – Toronto-Dominion Bank priced $590,000 0% contingent absolute return barrier notes due April 13, 2027 linked to the worse performing of the Nasdaq-100 index, Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the return of the worse performing index.

If any index falls by up to 43.50%, the payout will be par plus 1.5 times the absolute value of the return of the worse performing index.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Contingent absolute return barrier notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$590,000
Maturity:	April 13, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus return of the worse performing index; if any index falls by up to 43.5%, par plus 1.5 times the absolute value of the return of the worse performing index; otherwise, 1% loss for each 1% decline of the worse performing index
Initial levels:	14,327.26 for Nasdaq, 1,994.562 for Russell, 4,488.28 for S&P
Barrier levels:	8,094.9019 for Nasdaq, 1,126.9275 for Russell, 2,535.8782 for S&P, 56.5% of initial levels
Pricing date:	April 8
Settlement date:	April 13
Agent:	TD Securities (USA) LLC
Fees:	1%
Cusip:	89114VAU1

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