New Issue: TD sells $2.12 million capped leveraged buffered notes on S&P 500

By Sarah Lizee

Olympia, Wash., April 7 – Toronto-Dominion Bank priced $2.12 million of 0% capped leveraged buffered notes due April 30, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, capped at $1,175 per $1,000 of notes. Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% that the index may decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$2.12 million
Maturity:	April 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at $1,175 per $1,000 of notes; par if index declines by 10% or less; 1% loss for each 1% decline beyond 10%
Initial index level:	2,630.07
Buffer level:	2,367.063, 90% of initial level
Pricing date:	March 27
Settlement date:	April 1
Agent:	TD Securities (USA) LLC
Fees:	0.6%
Cusip:	89114RGZ3

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