New Issue: TD Bank prices $5.86 million leveraged capped buffered notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 29 – Toronto-Dominion Bank priced $5.86 million of 0% leveraged capped buffered index-linked notes due Oct. 23, 2024 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payout of $1,171.60 per each $1,000 note.

Investors will receive par if the index finishes flat or falls by up to 10% and will lose 1.1111% for every 1% index decline beyond 10%.

TD Securities (USA) LLC is the agent. Simon Markets LLC, a broker-dealer affiliated with Goldman Sachs & Co. LLC, is acting as a dealer.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged capped buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$5,863,000
Maturity:	Oct. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at $1,171.60 per each $1,000 note; par if index falls by up to 10%; 1.1111% loss for every 1% index decline beyond 10%
Initial index level:	4,399.77
Buffer level:	3,959.793; 90% of initial level
Pricing date:	Aug. 21
Settlement date:	Aug. 28
Agent:	TD Securities (USA) LLC
Selected dealer:	Simon Markets LLC, an affiliate of Goldman Sachs & Co. LLC
Fees:	0%
Cusip:	89115F7H8

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