New Issue: TD Bank prices $22.02 million Accelerated Return Notes on Energy Select Sector SPDR Fund

By William Gullotti

Buffalo, N.Y., July 3 – Toronto-Dominion Bank priced $22.02 million of 0% Accelerated Return Notes due Aug. 30, 2024 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any ETF gain, up to a maximum payout of par plus 28.6%.

Investors will be exposed to any ETF decline.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Accelerated Return Notes
Underlying fund:	Energy Select Sector SPDR Fund
Amount:	$22,015,810
Maturity:	Aug. 30, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any ETF gain, capped at par plus 28.6%; full exposure to any ETF decline
Initial level:	$80.65
Pricing date:	June 29
Settlement date:	July 7
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	89116C685

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