Toronto-Dominion Bank plans sale of two-year floaters for Thursday

By Andrea Heisinger

New York, May 2 - Toronto-Dominion Bank is set to price two-year floating-rate senior medium-term notes (Aa1/AA-/AA-) on Thursday, a source away from the trade said.

The notes are non-callable.

Bookrunners are Credit Suisse Securities (USA) LLC and TD Securities (USA) LLC.

Proceeds will be added to the bank's general funds and used for general corporate purposes.

TD Bank was last in the U.S. bond market on April 23 when it priced $2.25 billion of bonds in two tranches with five-year maturities.

The financial services and banking company is based in Toronto.

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