New Issue: TD Bank prices $307,000 index-linked capped leveraged buffered notes on Russell

By Kiku Steinfeld

Chicago, June 5 – Toronto-Dominion Bank priced $307,000 of 0% index-linked capped leveraged buffered notes due Jan. 29, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,374.10 per each $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond 25%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Index-linked capped leveraged buffered notes
Underlying index:	Russell 2000 index
Amount:	$307,000
Maturity:	Jan. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, subject to maximum settlement amount of $1,374.10 per each $1,000 principal amount of notes; par if index falls by up to 25%; otherwise, 1% loss for each 1% decline beyond 25%
Initial level:	1,903.064
Buffer level:	1,427.298; 75% of initial level
Pricing date:	Jan. 26, 2023
Settlement date:	Jan. 31, 2023
Agent:	TD Securities (USA) LLC
Fees:	2.5%
Cusip:	89114YLD1

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