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Toronto-Dominion Bank plans to tap floating-rate notes due 2017
By Aleesia Forni
Virginia Beach, Jan. 13 – Toronto-Dominion Bank plans to price an add-on to its existing floating-rate senior medium-term notes, series A, due Jan. 6, 2017, according to a supplement filed with the Securities and Exchange Commission.
The original $1.1 billion of floating-rate senior notes (Aa1/AA-/AA-) priced at par to yield Libor plus 26 basis points on Thursday.
TD Securities (USA) LLC and Citigroup Global Markets Inc. were the joint bookrunners.
Proceeds will be added to the company’s general funds and be used for general corporate purposes.
The financial services and banking company is based in Toronto.
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