New Issue: TD Bank prices $80.25 million Accelerated Return Notes on S&P 500

By Marisa Wong

Los Angeles, June 29 – Toronto-Dominion Bank priced $80.25 million of 0% Accelerated Return Notes due Aug. 26, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payout of par plus 10.12%. Investors will be exposed to any index decline.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$80,251,060
Maturity:	Aug. 26, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 10.12%; exposure to any index decline
Initial index level:	4,266.49
Final index level:	Average of index’s closing levels on five trading days ending Aug. 23, 2022
Pricing date:	June 24
Settlement date:	July 1
Underwriter:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	89117F802

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