New Issue: TD Bank prices $4.67 million three-year Stars linked to S&P 500

By William Gullotti

Buffalo, N.Y., Jan. 18 – Toronto-Dominion Bank priced $4.67 million of 0% Strategic Accelerated Redemption Securities due Jan. 30, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 10.6% per year if the closing level of the index is greater than or equal to 95% of its starting value on any annual observation date.

If the notes are not called, investors will lose 1% for each 1% decline in the index.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500 index
Amount:	$4,666,560
Maturity:	Jan. 30, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If not called, 1% loss for each 1% decline from initial value
Call:	At par plus premium of 10.6% per year if index closes at or above 95% of its initial value on any annual observation date
Initial value:	3,983.17
Call level:	3,784.01; 95% of initial value
Pricing date:	Jan. 12
Settlement date:	Jan. 20
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	891162133

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