New Issue: TD Bank sells $1.49 million capped contingent absolute return buffer notes on indexes

By William Gullotti

Buffalo, N.Y., June 7 – Toronto-Dominion Bank priced $1.49 million 0% capped contingent absolute return buffer notes due June 10, 2024 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lowest performing index finishes at or above its initial level, the payout at maturity will be par plus the return of that index, capped at par plus 10%.

If the lowest performing index falls by up to 20%, the payout will be par plus the absolute value of the return of that index.

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:	Capped contingent absolute return buffer notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$1.49 million
Maturity:	June 10, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the lowest performing index finishes at or above its initial level, par plus the return of that index, capped at par plus 10%; if the lowest performing index falls by up to 20%, par plus the absolute value of the return of that index; otherwise, investors will lose 1% for each 1% decline of the worst performer beyond 20%
Initial levels:	14,546.64 for Nasdaq, 1,830.906 for Russell, 4,282.37 for S&P
Buffer levels:	11,637.312 for Nasdaq, 1,464.7248 for Russell, 3,425.896 for S&P; 80% of initial levels
Pricing date:	June 2
Settlement date:	June 7
Agent:	TD Securities (USA) LLC
Fees:	0.65%
Cusip:	89114YXU0

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