New Issue: TD Bank prices $500,000 two-year buffered accelerator notes tied to S&P

By Susanna Moon

Chicago, July 11 – Toronto-Dominion Bank priced $500,000 of capped buffered accelerator notes due July 9, 2018 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 plus 300% of any index gain, up to a maximum redemption amount of $1,122.52 for each $1,000 principal amount.

Investors will receive par if the index falls by up to the 15% buffer and will lose 1% for each 1% decline beyond the buffer.

TD Securities (USA) LLC and BNP Paribas Securities Corp. are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Capped buffered accelerator notes
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	July 9, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 12.252%; par if index falls by up to 15% and exposure to any losses beyond 15%
Initial index level:	2,088.55
Pricing date:	July 5
Settlement date:	July 8
Agents:	TD Securities (USA) LLC and BNP Paribas Securities Corp.
Fees:	0.45%
Cusip:	89114QVY1

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