New Issue: TD Bank prices $35.02 million Leveraged Index Return Notes on S&P 500

By Marisa Wong

Los Angeles, May 4 – Toronto-Dominion Bank priced $35.02 million of 0% Capped Leveraged Index Return Notes due June 24, 2022 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 2 times any index gain, up to a maximum payout of par plus 8.21%.

If the index falls by up to 5%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 5%.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500 index
Amount:	$35,017,330
Maturity:	June 24, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 2 times any index gain, capped at par plus 8.21%; if index falls by up to 5%, par; otherwise, 1% loss for every 1% index decline beyond 5%
Initial level:	4,211.47
Threshold level:	4,000.90, 95% of initial level
Final level:	Average of index closing levels on each of the five trading days ending June 21, 2022
Pricing date:	April 29
Settlement date:	May 6
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	891160145

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