New Issue: TD Bank prices $865,000 leveraged buffered notes linked to Dow, S&P

By Kiku Steinfeld

Chicago, Nov. 14 – Toronto-Dominion Bank priced $865,000 of 0% leveraged buffered notes due March 18, 2027 linked to the Dow Jones industrial average and the S&P 500 index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 124.5% of any gain in the lesser-performing index.

Investors will receive par if the laggard index falls by up to 20% and will lose 1% for each 1% decline of the laggard index beyond 20%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged buffered notes
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount: $865,000
Maturity:	March 18, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 124.5% of any gain of the laggard index; par if laggard index falls by up to 20%; otherwise, 1% loss for each 1% decline of worst performer beyond 20%
Initial levels:	32,944.19 for Dow, 4,204.31 for S&P
Buffer levels:	26,356.192 for Dow, 32,945.24 for S&P, 80% of initial level; 90% of initial levels
Pricing date:	March 14
Settlement date:	March 17
Agent:	TD Securities (USA) LLC
Fees:	0.32803%
Cusip:	89114V7G6

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