New Issue: TD Bank prices $1.92 million of autocallable contingent interest barrier notes on stocks

Chicago, May 10 – Toronto-Dominion Bank priced $1.92 million of autocallable contingent interest barrier notes due March 28, 2023 linked to the least performing of the common stocks of American Express Co., Mastercard Inc. and Visa Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Quarterly, the notes will pay a contingent interest payment at the rate of 8.95% per year if each stock closes at or above the coupon barrier price, 60% of the initial share price, on the observation date for that period.

The notes will be called at par plus the contingent interest payment if the shares of each stock close at or above their initial prices on any quarterly observation date.

If the notes are not called, the payout at maturity will be par plus any contingent interest payment due unless the least performing stock finishes below the barrier price, 60% of the initial share price, in which case investors will be fully exposed to the laggard stock’s decline.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Autocallable contingent interest barrier notes
Underlying stocks:	American Express Co., Mastercard Inc. and Visa Inc.
Amount:	$1,915,000
Maturity:	March 28, 2023
Coupon:	8.95% annual rate, payable quarterly if all stocks close at or above their coupon barrier prices on the relevant observation date
Price:	Par
Payout at maturity:	Par plus any contingent interest payment due unless any stock finishes below barrier price, in which case full exposure to laggard stock’s decline
Call:	Automatically at par plus contingent interest payment if each stock closes at or above its initial share price on any quarterly observation date
Initial share prices:	$136.08 for American Express, $355.27 for Mastercard, $208.15 for Visa
Coupon barrier prices:	$81.648 for American Express, $213.162 for Mastercard, $124.89 for Visa; 60% of initial levels
Barrier value prices:	$81.648 for American Express, $213.162 for Mastercard, $124.89 for Visa; 60% of initial levels
Pricing date:	March 23
Settlement date:	March 26
Agent:	TD Securities (USA) LLC
Fees:	1.7239%
Cusip:	89114TEJ7

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