New Issue: TD Bank sells $5.80 million buffered accelerator notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 19 – Toronto-Dominion Bank priced $5,798,000 of 0% capped buffered accelerator notes due Sept. 15, 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 300% of any index gain, subject to a maximum return of 36.75%.

Investors will receive par if the index falls by up to 20% 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:	$5,798,000
Maturity:	Sept. 15, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, return capped at 36.75%; par if the index falls by up to 20%; 1% loss for each 1% decline beyond the buffer
Initial level:	2,496.48
Buffer level:	1,997.184, 80% of initial level
Pricing date:	Sept. 12
Settlement date:	Sept. 15
Agents:	TD Securities (USA) LLC and BNP Paribas Securities Corp.
Fees:	0.45%
Cusip:	89114QJR0

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