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Published on 1/9/2023 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $1.37 million leveraged capped buffered notes linked to MSCI EAFE

By William Gullotti

Buffalo, N.Y., Jan. 9 – Toronto-Dominion Bank priced $1.37 million of 0% leveraged capped buffered index-linked notes due April 26, 2024 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 180% of the index return, subject to a maximum payout of par plus 25.056%.

Investors will receive par if the index finishes flat or falls by up to 15% and will lose 1.1765% for every 1% index decline beyond 15%.

TD Securities (USA) LLC is the agent. Simon Markets LLC, a broker-dealer affiliated with Goldman Sachs & Co. LLC, is acting as a dealer.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped buffered index-linked notes
Underlying index:MSCI EAFE index
Amount:$1,373,000
Maturity:April 26, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 180% of any index gain, capped at par plus 25.056%; par if index falls by up to 15%; 1.1765% loss for every 1% index decline beyond 15%
Initial index level:1,981.4
Buffer level:1,684.19; 85% of initial level
Pricing date:Jan. 4
Settlement date:Jan. 11
Agent:TD Securities (USA) LLC
Selected dealer:Simon Markets LLC, an affiliate of Goldman Sachs & Co. LLC
Fees:None
Cusip:89114YL90

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