TD Bank to price leveraged capped buffered notes linked to S&P 500

By Sarah Lizee

Olympia, Wash., Nov. 13 – Toronto-Dominion Bank plans to price 0% leveraged capped buffered notes with a term of 28 to 31 months 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 200% times the index gain, capped at $1,226.00 to $1,265.20 per $1,000 principal amount.

Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.

TD Securities (USA) LLC is the agent.

The Cusip number is 89114QEW4.

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