New Issue: TD Bank sells $1.68 million leveraged market-linked notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 24 – Toronto-Dominion Bank priced $1.68 million of 0% market-linked securities with leveraged upside participation to a cap and contingent downside due March 7, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum payment of $1,340 per $1,000 security.

Investors will receive par if the index falls by up to 30% and will lose 1% for every 1% decline below the initial level if it falls by more than 30%.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked securities with leveraged upside participation to a cap and contingent downside
Underlying index:	S&P 500
Amount:	$1,675,000
Maturity:	March 7, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, up to a maximum payment of $1,340 per $1,000 security; par if the index falls by up to 30%; 1% loss for every 1% decline below initial level if index falls by more than 30%
Initial index level:	2,901.52
Threshold level:	2,031.064, 70% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agents:	TD Securities (USA) LLC and Wells Fargo Securities, LLC
Fees:	2.99%
Cusip:	89114QPY8

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