New Issue: TD Bank sells $1.71 million capped buffered booster notes on S&P 500

By Marisa Wong

Morgantown, W.Va., April 16 – Toronto-Dominion Bank priced $1.71 million of capped buffered booster notes due April 1, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus the greater of 21.5% and the index return, capped at 33%.

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

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped buffered booster notes
Underlying index:	S&P 500
Amount:	$1,708,000
Maturity:	April 1, 2021
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return is zero or positive, par plus the greater of 21.5% and the index return, capped at 33%; par if the index falls by up to 15%; 1% loss for each 1% decline beyond 15%
Initial level:	2,605.00
Buffer level:	2,214.25, 85% of initial level
Pricing date:	March 28
Settlement date:	April 3
Agent:	TD Securities (USA) LLC
Fees:	0.25%
Cusip:	89114QLY2

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