New Issue: TD Bank sells $4.02 million capped Leveraged Index Return Notes on Russell

By William Gullotti

Buffalo, N.Y., Nov. 1 – Toronto-Dominion Bank priced $4.02 million of 0% capped Leveraged Index Return Notes due Dec. 29, 2023 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus twice any index gain, up to a payout of par plus 24.28%.

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:	Russell 2000 index
Amount:	$4,020,530
Maturity:	Dec. 29, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus twice any index gain, capped at par plus 24.28%; if the index falls by up to buffer, par; otherwise, investors will lose 1% for every 1% decline beyond buffer
Initial level:	1,806.322
Buffer level:	1,716.006; 95% of initial level
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	891162331

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