New Issue: TD Bank prices $13.3 million digital index-linked notes on Euro Stoxx Banks

By Wendy Van Sickle

Columbus, Ohio, March 18 – Toronto-Dominion Bank priced $13.3 million of 0% digital index-linked notes due April 13, 2023 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to 80% of the initial level, the payout at maturity will be $1,131.70 per $1,000 principal amount of notes. Otherwise, investors will lose 1.25% for each 1% index decline beyond 80%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx Banks index
Amount:	$13.3 million
Maturity:	April 13, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 80% of initial level, $1,131.70 per $1,000 principal amount of notes; otherwise, 1.25% loss for each 1% decline beyond 80%
Initial level:	84.66
Threshold level:	67.728, 80% of initial level
Pricing date:	March 11
Settlement date:	March 18
Agent:	TD Securities (USA) LLC
Fees:	0.95%
Cusip:	89114V6U6

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