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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
TD Bank calls all outstanding 4.87% subordinated debentures due 2016
By Ashley Montgomery
Kansas City, Kan., Sept. 20 - Toronto-Dominion Bank intends to redeem its C$500 million of outstanding 4.87% subordinated debentures on Oct. 28, the company said in a news release.
The redemption price will be par. Interest will not accrue after the redemption date.
Toronto-based TD Bank is the sixth largest bank in North America by number of branches.
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