New Issue: TD Bank prices $29.14 million of digital basket-linked notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Oct. 21 – Toronto-Dominion Bank priced $29.14 million of digital basket-linked notes due April 19, 2024 linked a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be the greater of par plus the basket return and $1,262.40 per $1,000 of notes.

Investors will be exposed to any basket decline.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital basket-linked notes
Underlying basket:	Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight) and S&P/ASX 200 (8% weight)
Amount:	$29,143,000
Maturity:	April 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, greater of par plus the basket return and $1,262.40 per $1,000 of notes; investors will be exposed to any basket decline
Initial levels:	3,441.64 for Euro Stoxx, 1,879.56 for Topix, 6,920.24 for FTSE, 10,498.71 for Swiss Market, 6,664.44 for S&P/ASX
Pricing date:	Oct. 17
Settlement date:	Oct. 24
Agent:	TD Securities (USA) LLC
Fees:	1.38%
Cusip:	89114YEH0

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.