New Issue: TD Bank prices $3.58 million contingent barrier return enhanced notes on Stoxx

By William Gullotti

Buffalo, N.Y., June 21 – Toronto-Dominion Bank priced $3.58 million of 0% contingent barrier return enhanced notes due June 20, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level is greater than the initial level, the payout at maturity will be par plus 1.54 times the gain.

If the index finishes flat or declines up to 25%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% of index decline from its initial level.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Contingent barrier return enhanced notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3.58 million
Maturity:	June 20, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.54 times any index gain; if index finishes flat or declines no more than 25%, par; otherwise, full exposure to index decline from initial level
Initial level:	4,394.82
Barrier level:	3,296.115; 75% of initial level
Pricing date:	June 16
Settlement date:	June 22
Agent:	TD Securities (USA) LLC
Fees:	1.5%
Cusip:	89114YZF1

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