By Cristal Cody
Eureka Springs, Ark., March 21 – Toronto-Dominion Bank priced C$1 billion of two-year floating-rate deposit notes at par on Monday, according to a market source.
The notes priced with a spread of 60 basis points over CDOR.
TD Securities Inc. was the bookrunner.
The bank and financial services company is based in Toronto.
| Issuer: | Toronto-Dominion Bank
|
| Amount: | C$1 billion
|
| Maturity: | March 28, 2018
|
| Securities: | Deposit notes
|
| Bookrunner: | TD Securities Inc.
|
| Price: | Par
|
| Spread: | CDOR plus 60 bps
|
| Pricing date: | March 21
|
| Settlement date: | March 28
|
| Ratings: | Moody’s: Aa1
|
| Standard & Poor’s: AA-
|
| DBRS: AA
|
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