TD Bank to sell notes tied to Raymond James sustainability stocks

By Marisa Wong

Morgantown, W.Va., March 10 – Toronto-Dominion Bank plans to price 0% notes due April 7, 2017 linked to a basket of 14 equally weighted sustainability-related common equity securities selected in March by Raymond James & Associates, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies, chosen for supporting long-term ecological balance through the reduction or elimination of harmful impacts to the environment or depletion of natural resources, are Casella Waste Systems, Inc., CatchMark Timber Trust, Inc., Covanta Holding Corp., Fleetmatics Group plc, Kansas City Southern, Mercer International, Inc., Pattern Energy Group Inc., Potlatch Corp., Republic Services, Inc., Silver Spring Networks, Inc., SunPower Corp., Union Pacific Corp., Waste Connections, Inc. and Weyerhaeuser Co.

The payout at maturity will be par of $1,000 times 97% of the basket return.

Investors will receive less than par if the basket does not finish at or above 103.09% of par.

TD Securities (USA) LLC is the agent.

The notes will price on March 18 and settle on March 28.

The Cusip is 89114QUY2.

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