New Issue: TD Bank prices $14.4 million digital index-linked notes on Euro Stoxx Banks

By Wendy Van Sickle

Columbus, Ohio, April 17 – Toronto-Dominion Bank priced $14.4 million of 0% digital index-linked notes due May 15, 2024 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 70% of initial level, the payout at maturity will be $1,105.20 per $1,000 principal amount of notes. Otherwise, investors will lose 1.4286% for every 1% that the index declines beyond the 30% buffer.

TD Securities (USA) LLC and Goldman Sachs & Co. LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx Banks index
Amount:	$14.4 million
Maturity:	May 15, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above threshold level, $1,105.20 per $1,000 principal amount of notes; otherwise, 1.4286% loss for every 1% that index declines beyond the 30% buffer
Initial index level:	103.85
Buffer level:	72.695; 70% of initial level
Pricing date:	April 11
Settlement date:	April 18
Agents:	TD Securities (USA) LLC and Goldman Sachs & Co. LLC
Fees:	0.95%
Cusip:	89114YV40

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