Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Toronto-Dominion Bank > News item |
Toronto-Dominion to price leveraged capped buffered notes on MSCI EAFE
By Wendy Van Sickle
Columbus, Ohio, Oct. 18 – Toronto-Dominion Bank plans to price 0% leveraged capped buffered index-linked notes tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 24 to 27 months after pricing, with the exact maturity to be set at pricing.
If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum payment that is expected to be between $1,195 and $1,228 per $1,000 of principal amount. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
TD Securities (USA) LLC and Goldman, Sachs & Co. are the agents.
The Cusip number is 89114QXX1.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.