New Issue: TD Bank prices $4.23 million Accelerated Return Notes on iShares U.S. Aerospace & Defense

By Wendy Van Sickle

Columbus, Ohio, Feb. 23 – Toronto-Dominion Bank priced $4.23 million of 0% Accelerated Return Notes due April 26, 2024 linked to the iShares U.S. Aerospace & Defense ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any ETF gain, up to a maximum payout of par plus 17.1%.

Investors will be exposed to any ETF decline.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Accelerated Return Notes
Underlying ETF:	iShares U.S. Aerospace & Defense ETF
Amount:	$4,233,150
Maturity:	April 26, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any ETF gain, capped at par plus 17.1%; full exposure to any ETF decline
Initial level:	$116.33
Final level:	Average of closing levels on five trading days ending April 23, 2024
Pricing date:	Feb. 16
Settlement date:	Feb. 23
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	89116C404

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