New Issue: TD Bank prices $2.08 million capped leveraged buffered notes on S&P 500

By William Gullotti

Buffalo, N.Y., March 22 – Toronto-Dominion Bank priced $2.08 million of 0% capped leveraged buffered notes due April 17, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of par plus 12.75%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500 index
Amount:	$2,082,000
Maturity:	April 17, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, subject to maximum settlement amount of par plus 12.75%; par if index falls by up to 10%; otherwise, 1% loss for each 1% decline beyond 10%
Initial level:	5,123.69
Buffer level:	4,611.321; 90% of initial level
Strike date:	March 8
Pricing date:	March 11
Settlement date:	March 14
Agent:	TD Securities (USA) LLC
Fees:	0.6%
Cusip:	89115FV24

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