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Published on 4/3/2020 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $815,000 leveraged capped buffered notes on MSCI EAFE

By Marisa Wong

Los Angeles, April 3 – Toronto-Dominion Bank priced $815,000 of 0% leveraged capped buffered notes due July 14, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 150% of the index return, capped at $1,385.05 per $1,000 of notes.

If the index finishes flat or falls by up to 12.5%, the payout will be par.

If the index falls by more than 12.5%, investors will lose 1.1429% for every 1% index decline beyond 12.5%.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped buffered notes
Underlying index:MSCI EAFE index
Amount:$815,000
Maturity:July 14, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at par plus 38.505%; par if index finishes flat or falls by up to 12.5%; otherwise, 1.1429% loss for every 1% decline beyond 12.5%
Initial index level:1,519.74
Pricing date:March 25
Settlement date:April 1
Agent:TD Securities (USA) LLC
Fees:None
Cusip:89114RFU5

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