New Issue: TD Bank sells $728,000 buffered accelerator notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., April 26 – Toronto-Dominion Bank priced $728,000 of 0% buffered accelerator notes due April 26, 2022 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus 135.1% of any index gain.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

TD Securities (USA) LLC is the underwriter.

Issuer:	Toronto-Dominion Bank
Issue:	Buffered accelerator notes
Underlying index:	S&P 500
Amount:	$728,000
Maturity:	April 26, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 135.1% of any index gain; par if the index falls by up to 10%; 1% loss for each 1% decline beyond the buffer
Initial level:	2,338.17
Buffer level:	2,104.353, 90% of initial level
Pricing date:	April 19
Settlement date:	April 26
Agent:	TD Securities (USA) LLC
Fees:	3%
Cusip:	89114QZT8

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