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Published on 10/4/2023 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $580,000 capped notes linked to S&P 500

Chicago, Oct. 4 – Toronto-Dominion Bank priced $580,000 of 0% capped notes due Oct. 1, 2027 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 80.71%. 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:$580,000
Maturity:Oct. 1, 2027
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 80.71%; if final index level is less than or equal to initial index level, par
Initial level:3,719.04
Strike date:Sept. 28, 2022
Pricing date:Sept. 29, 2022
Settlement date:Oct. 4, 2022
Agent:TD Securities (USA) LLC
Fees:3%
Cusip:89114YDS7

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