New Issue: TD Bank prices $10.37 million digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 30 – Toronto-Dominion Bank priced $10.37 million of 0% digital notes due Sept. 11, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the buffer value, 85% of the initial index level, the payout will be par plus 8.85%.

If the final index level is less than the buffer value, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital notes
Underlying index:	S&P 500 index
Amount:	$10,372,000
Maturity:	Sept. 11, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to buffer value, par plus 8.85%; if final index level is less than buffer value, 1.1765% loss for every 1% that index declines beyond buffer
Initial level:	4,405.71
Buffer value:	3,744.8535; 85% of initial level
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Agent:	TD Securities (USA) LLC
Fees:	1%
Cusip:	89115FAA9

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