| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
TD Bank plans five-year buffered accelerator notes linked to S&P 500
By Wendy Van Sickle
Columbus, Ohio, Sept. 19 – Toronto-Dominion Bank plans to price 0% buffered accelerator notes due Oct. 5, 2021 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus at least 114% of any index gain.
Investors will receive par if the index falls by up to the 20% buffer and will lose 1% for each 1% decline beyond the buffer.
TD Securities (USA) LLC is the agent.
The notes will price Sept. 30 and settle Oct. 5.
The Cusip number is 89114QXP8.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.