New Issue: TD Bank sells $5.88 million leveraged capped notes on S&P 500

By Sarah Lizee

Olympia, Wash., April 24 – Toronto-Dominion Bank priced $5.88 million of 0% leveraged capped notes due Aug. 19, 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 300% of the index return, capped at $1,246.60 per $1,000 of notes.

Investors will lose 1% for every 1% index decline.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged capped notes
Underlying index:	S&P 500 index
Amount:	$5,883,000
Maturity:	Aug. 19, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at $1,246.60 per $1,000 of notes; 1% loss for every 1% index decline
Initial index level:	2,874.56
Pricing date:	April 17
Settlement date:	April 24
Agent:	TD Securities (USA) LLC
Fees:	None
Cusip:	89114RJH0

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