New Issue: TD Bank prices $9.25 million Accelerated Return Notes on S&P 500

By William Gullotti

Buffalo, N.Y., Nov. 22 – Toronto-Dominion Bank priced $9.25 million of 0% Accelerated Return Notes due Jan. 31, 2025 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 12.1%.

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 index
Amount:	$9,245,340
Maturity:	Jan. 31, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, capped at par plus 12.1%; full exposure to any index decline
Initial level:	Lowest closing level on any trading day between Nov. 16 and Dec. 16, inclusive; will be less than or equal to 4,508.24
Pricing date:	Nov. 16
Settlement date:	Nov. 24
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	89116C214

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