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Published on 12/29/2023 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $10.19 million of autocallable Stars linked to Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., Dec. 29 – Toronto-Dominion Bank priced $10.19 million of 0% autocallable Strategic Accelerated Redemption Securities due Dec. 23, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 12.5% per year if the closing level of the index is greater than or equal to its starting value on any annual observation date.

If the notes are not called at maturity, investors will be fully exposed to the decline of the index.

BofA Securities, Inc. is the agent.

Issuer:Toronto-Dominion Bank
Issue:Autocallable Strategic Accelerated Redemption Securities
Underlying index:Euro Stoxx 50 index
Amount:$10,186,890
Maturity:Dec. 23, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:Full exposure to loss
Call:At par plus premium of 12.5% per year if index closes at or above its initial value on any annual observation date, including maturity
Initial value:4,524.86
Pricing date:Dec. 21
Settlement date:Dec. 29
Agent:BofA Securities, Inc.
Fees:2%
Cusip:89116B109

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