New Issue: TD Bank sells $4.45 million leveraged capped buffered notes on index basket

By William Gullotti

Buffalo, N.Y., Jan. 11 – Toronto-Dominion Bank priced $4.45 million of leveraged capped buffered notes due April 12, 2024 linked to an unequally weighted basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum payout of par plus 30.825%.

Investors will receive par if the basket declines by up to 15% and will lose 1.1765% for every 1% decline beyond the 15% buffer.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged capped buffered notes
Basket components:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:	$4,452,000
Maturity:	April 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 150% of the basket return, capped at par plus 30.825%; par if the basket declines by 15% or less; 1.1765% loss for every 1% drop beyond 15%
Initial levels:	4,306.07 for Euro Stoxx, 1,992.33 for Topix, 7,403.01 for FTSE, 12,875.66 for Swiss Market, 7,513.373 for S&P/ASX
Buffer level:	85% of initial basket level
Pricing date:	Dec. 30
Settlement date:	Jan. 6
Agent:	TD Securities (USA) LLC
Fees:	None
Cusip:	89114TXX5

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