New Issue: TD Bank prices $850,000 capped leveraged barrier notes tied to S&P 500

By Kiku Steinfeld

Chicago, Feb. 13 – Toronto-Dominion Bank priced $850,000 of 0% capped leveraged barrier notes due Feb. 16, 2027 linked to the S&P 500, 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 index capped at 235.268%.

If the index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the index below its initial level.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged barrier notes
Underlying index:	S&P 500
Amount:	$850,000
Maturity:	Feb. 16, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% times any gain of index capped at 235.268%; par if index falls by up to 20%; otherwise, full exposure to loss of index
Initial levels:	3,956.37
Barrier levels:	3,165.096, 80% of initial levels
Pricing date:	Nov. 10, 2022
Settlement date:	Nov. 16, 2022
Agent:	TD Securities (USA) LLC
Fees:	0.75%
Cusip:	89114YFX4

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