New Issue: TD sells $17.39 million capped leveraged notes on MSCI Emerging Markets

By Wendy Van Sickle

Columbus, Ohio, Feb. 3 – Toronto-Dominion Bank priced $17.39 million of 0% capped Leveraged Index Return Notes due Jan. 27, 2023 linked to the MSCI Emerging Markets 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 of $10 plus 200% of the index return, capped at 21.06%. Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% that the index declines beyond 10%.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped Leveraged Index Return Notes
Underlying index:	MSCI Emerging Markets
Amount:	$17,391,760
Maturity:	Jan. 27, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 21.06%; par if index declines by 10% or less; 1% loss for each 1% decline beyond 10%
Initial index level:	1,350.59
Threshold level:	1,215.53, 90% of initial level
Pricing date:	Jan. 28
Settlement date:	Feb. 4
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	891160269

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