New Issue: TD Bank sells $3.92 million leveraged barrier notes tied to S&P, Nasdaq, Russell

By William Gullotti

Buffalo, N.Y., March 24 – Toronto-Dominion Bank priced $3.92 million of 0% leveraged barrier notes due March 23, 2027 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 183% of any gain in the least performing index.

If the worse performing index falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performer below its initial level.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged barrier notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index, Russell 2000 index
Amount:	$3.92 million
Maturity:	March 23, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 183% of any gain of least performing index; par if worse performing index falls by up to 30%; otherwise, full exposure to decline of worst performer from initial level
Initial levels:	4,463.12 for S&P, 14,420.08 for Nasdaq, 2,086.143 for Russell
Barrier levels:	3,124.184 for S&P, 10,094.056 for Nasdaq, 1,460.3001 for Russell; 70% of initial levels
Pricing date:	March 18
Settlement date:	March 23
Agent:	TD Securities (USA) LLC
Fees:	0.81181%
Cusip:	89114VA56

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