New Issue: TD Bank sells $1.4 million leveraged market-linked notes on the Dow

By Wendy Van Sickle

Columbus, Ohio, June 12 – Toronto-Dominion Bank priced $1.4 million of 0% market-linked securities with leveraged upside participation and contingent downside due June 6, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 116% of any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline below the initial level if it falls by more than 20%.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked securities with leveraged upside participation and contingent downside
Underlying index:	Dow Jones industrial average
Amount:	$1,395,000
Maturity:	June 6, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 116% of any index gain; par if the index falls by up to 20%; 1% loss for every 1% decline below initial level if index falls by more than 20%
Initial index level:	25,169.88
Threshold level:	20,135.904, 80% of initial level
Pricing date:	May 30
Settlement date:	June 4
Agents:	TD Securities (USA) LLC and Wells Fargo Securities, LLC
Fees:	3.03%
Cusip:	89114QN79

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