New Issue: TD Bank prices $2.61 million autocallable bear Stars tied to S&P 500

By William Gullotti

Buffalo, N.Y., Feb. 14 – Toronto-Dominion Bank priced $2.61 million of autocallable bear Strategic Accelerated Redemption Securities due Feb. 21, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 31.5% per year if the closing level of the index is less than or equal to its starting value on any quarterly valuation date.

If the notes are not called at maturity, investors lose 1% for each 1% gain in the index.

BofA Securities, Inc. is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Autocallable bear Strategic Accelerated Redemption Securities
Underlying index:	S&P 500 index
Amount:	$2,612,000
Maturity:	Feb. 21, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If called, par plus 31.5%; if not called, 1% loss for each 1% gain of the index
Call:	At par plus 31.5% per year if the closing level of the index is less than or equal to its starting value on any quarterly valuation date
Initial level:	4,997.91
Agent:	BofA Securities, Inc.
Pricing date:	Feb. 8
Settlement date:	Feb. 15
Fees:	1%
Cusip:	89116B810

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