New Issue: TD Bank sells $2.67 million capped leveraged market-linked notes on Nasdaq

By William Gullotti

Buffalo, N.Y., May 9 – Toronto-Dominion Bank priced $2.67 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Nov. 3, 2023 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, subject to a maximum payout of par plus 16.1%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline below the initial level if it falls by more than 10%.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked securities with leveraged upside participation and fixed percentage buffered downside
Underlying index:	Nasdaq-100 index
Amount:	$2,672,000
Maturity:	Nov. 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain capped at 16.1%; par if the index falls by up to 10%; 1% loss for every 1% decline below initial level if index falls by more than 10%
Initial index level:	13,456.06
Threshold level:	12,110.454; 90% of initial level
Pricing date:	April 28
Settlement date:	May 3
Agents:	TD Securities (USA) LLC and Wells Fargo Securities, LLC
Fees:	2.475%
Cusip:	89114VB71

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