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Published on 12/20/2016 in the Prospect News Structured Products Daily.

TD Bank to price barrier accelerator notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 20 – Toronto-Dominion Bank plans to price 0% capped barrier accelerator notes due Dec. 29, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus at least 148% of the index return. Investors will receive par if the index declines by 30% or less and will be fully exposed to the decline if the index falls by more than 30%.

TD Securities (USA) LLC is the underwriter.

The notes will price Dec. 22 and settle Dec. 29.

The Cusip number is 89114QYZ5.


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