New Issue: TD Bank prices $30,000 capped leveraged buffered notes on Russell 2000

By William Gullotti

Buffalo, N.Y., June 22 – Toronto-Dominion Bank priced $30,000 of 0% capped leveraged buffered notes due May 30, 2023 linked to the Russell 2000 index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum settlement amount of $1,110 per $1,000 of notes.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	Russell 2000
Amount:	$30,000
Maturity:	May 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, subject to maximum settlement amount of $1,110 per $1,000 of notes; par if index falls by up to 10%; otherwise, 1% loss for each 1% decline beyond 10%
Initial level:	2,227.338
Buffer level:	2,004.6042; 90% of initial level
Pricing date:	May 24
Settlement date:	May 28
Agent:	TD Securities (USA) LLC
Fees:	2.5%
Cusip:	89114THB1

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