New Issue: TD sells $2.25 million digital index-linked notes on Stoxx

By Kiku Steinfeld

Chicago, Aug. 12 – Toronto-Dominion Bank priced $2.25 million of 0% digital index-linked notes due May 19, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 87.5% threshold level, the payout at maturity will be $1,143 per $1,000 principal amount of notes.

Otherwise, investors will lose 1.1429% for every 1% that the index declines beyond 12.5%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$2,254,000
Maturity:	May 19, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above its 87.5% threshold, par plus $1,143 per $1,000 principal amount of notes; otherwise, 1.1429% loss for every 1% that the index declines beyond 12.5%
Initial index level:	3,466.85
Threshold level:	3,033.49375, 85% of initial level
Pricing date:	July 31
Settlement date:	Aug. 7
Agent:	TD Securities (USA) LLC
Fees:	None
Cusip:	89114Q3X4

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