New Issue: TD Bank sells $1.28 million digital buffered notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 6 – Toronto-Dominion Bank priced $1.28 million of 0% digital buffered notes due Sept. 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least negative 20%, the payout at maturity will be par plus the digital return of 24%. Otherwise, investors will lose 1% for each 1% decline beyond the 20% buffer.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital buffered notes
Underlying index:	Euro Stoxx 50
Amount:	$1,275,000
Maturity:	Sept. 29, 2021
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is at least negative 20%, par plus 24%; otherwise, 1% loss for each 1% decline beyond the 20% buffer
Initial level:	3,278.72
Buffer level:	2,622.976, 80% of initial level
Pricing date:	March 26
Settlement date:	March 29
Agent:	TD Securities (USA) LLC
Fees:	3%
Cusip:	89114QLM8

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