New Issue: TD Bank prices $7.66 million contingent barrier digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 6 – Toronto-Dominion Bank priced $7.66 million of 0% contingent barrier digital notes due June 5, 2025 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 barrier value, 80% of the initial index level, the payout will be par plus 12.95%.

If the final index level is less than the barrier value, investors will lose 1% for every 1% that the index declines from its initial level.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Contingent barrier digital notes
Underlying index:	S&P 500 index
Amount:	$7,655,000
Maturity:	June 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to barrier value, par plus 12.95%; if final index level is less than barrier value, 1% loss for every 1% that index declines from initial level
Initial level:	4,594.63
Barrier value:	3,680.704; 80% of initial level
Pricing date:	Dec. 1
Settlement date:	Dec. 6
Agent:	TD Securities (USA) LLC
Fees:	1.25%
Cusip:	89115FJ36

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