New Issue: TD Bank prices $2.26 million digital notes on SPDR S&P 500 ETF trust

By Wendy Van Sickle

Columbus, Ohio, April 12 – Toronto-Dominion Bank priced $2.26 million of 0% digital notes due April 23, 2024 linked to the SPDR S&P 500 ETF trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above 88.3% of initial level, the payout at maturity will be $11,000 per $10,000 principal amount of notes.

Otherwise, investors will receive 27.6767 shares of the ETF.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital notes
Underlying fund:	SPDR S&P 500 ETF trust
Amount:	$2.26 million
Maturity:	April 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF finishes at or above buffer level, $11,000 per $10,000 principal amount of notes; otherwise, 27.6767 shares of the ETF
Initial level:	$409.19
Buffer level:	$361.3148; 88.3% of initial level
Pricing date:	April 6
Settlement date:	April 12
Agent:	TD Securities (USA) LLC
Fees:	1%
Cusip:	89117GDS3

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