New Issue: TD Bank prices $1.5 million leveraged buffered notes tied to Dow, S&P

By William Gullotti

Buffalo, N.Y., Dec. 13 – Toronto-Dominion Bank priced $1.5 million of 0% leveraged buffered notes due Nov. 26, 2027 linked to the least performing of the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of any gain in the least performing index.

If the worse performing index falls by up to 20%, the payout will be par. Otherwise, investors will lose 1% for each 1% decline of the worst performer beyond 20%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged buffered notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$1.5 million
Maturity:	Nov. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% of any gain of least performing index; par if worse performing index falls by up to 20%; otherwise, 1% loss for every 1% decline of the least performing index beyond 20%
Initial levels:	34,098.1 for Dow, 4,003.58 for S&P
Buffer levels:	27,278.48 for Dow, 3,202.864 for S&P; 80% of initial levels
Pricing date:	Nov. 22
Settlement date:	Nov. 28
Agent:	TD Securities (USA) LLC
Fees:	0.37%
Cusip:	89114YGC9

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