New Issue: TD Bank sells $2.60 million capped leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., April 30 – Toronto-Dominion Bank priced $2,596,000 of 0% capped leveraged buffered notes due April 25, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% times the index return, capped at 54.3%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that the index declines beyond 20%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$2,596,000
Maturity:	April 25, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% times any index gain, with return capped at 54.3%; par if index declines by 20% or less; 1% loss for every 1% decline beyond 20%
Initial level:	2,670.14
Pricing date:	April 20
Settlement date:	April 25
Agent:	TD Securities (USA) LLC
Fees:	0.483%
Cusip:	89114QMR6

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