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Published on 3/16/2021 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $492,000 leveraged capped buffered notes on MSCI EAFE

By Taylor Fox

New York, March 16 – Toronto-Dominion Bank priced $492,000 of 0% leveraged capped buffered notes due Dec. 19, 2022 linked to the MSCI EAFE 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 130% of the index return, capped at $1,221 per $1,000 of notes. If the index declines by 10% or less, the payout will be par. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped buffered notes
Underlying index:MSCI EAFE index
Amount:$492,000
Maturity:Dec. 19, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 130% of index return, subject to maximum return of 22.1%; if index declines by 10% or less, par; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial value:2,205.37
Buffer value:90% of initial level
Pricing date:March 3
Settlement date:March 10
Agent:TD Securities (USA) LLC
Fees:None
Cusip:89114TCV2

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