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Published on 1/16/2019 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $6.33 million leveraged buffered notes linked to Stoxx 50

By Susanna Moon

Chicago, Jan. 16 – Toronto-Dominion Bank priced $6.33 million of 0% leveraged buffered notes due Jan. 19, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.4 times any index gain, up to a maximum settlement amount of $1,792 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if it falls beyond the geared buffer.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged buffered notes
Underlying index:Euro Stoxx 50
Amount:$6,328,000
Maturity:Jan. 19, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 240% of any index gain, capped at 79.2%; par if index falls by up to 25%; 1.333% loss for each 1% decline beyond 25%
Initial level:3,055.18
Barrier level:2,291.385, 75% of initial level
Pricing date:Jan. 14
Settlement date:Jan. 22
Agent:TD Securities (USA) LLC
Fees:3%
Cusip:89114QHK7

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