New Issue: TD sells $538,000 capped leveraged buffered notes on EAFE ETF

By Sarah Lizee

Olympia, Wash., April 15 – Toronto-Dominion Bank priced $538,000 of 0% capped leveraged buffered notes due April 8, 2022 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 200% of the ETF return, capped at $1,322 per $1,000 of notes. Investors will receive par if the ETF declines by 10% or less and will lose 1% for each 1% that the ETF may decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$538,000
Maturity:	April 8, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any ETF gain, capped at $1,322 per $1,000 of notes; par if ETF declines by 10% or less; 1% loss for each 1% decline beyond 10%
Initial ETF level:	$50.90
Buffer level:	$45.81, 90% of initial level
Pricing date:	April 6
Settlement date:	April 8
Agent:	TD Securities (USA) LLC
Fees:	0.5%
Cusip:	89114RHY5

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