New Issue: TD Bank prices $500,000 capped notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 20 – Toronto-Dominion Bank priced $500,000 of 0% capped notes due Sept. 11, 2023 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 the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 5.79%. If the final index level is less than or equal to the initial index level, the payout will be par.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped notes
Underlying index:	S&P 500 index
Amount:	$500,000
Maturity:	Sept. 11, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return, subject to maximum return of 5.79%; if final index level is less than or equal to initial index level, par
Initial level:	3,908.19
Pricing date:	Sept. 6, 2022
Settlement date:	Sept. 9, 2022
Agent:	TD Securities (USA) LLC
Fees:	0.75%
Cusip:	89114YC90

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