New Issue: TD Bank prices $2.1 million market-linked securities tied to Russell

By Marisa Wong

Morgantown, W.Va., March 1 – Toronto-Dominion Bank priced $2.1 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside – due March 2, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.3 times any index gain, up to a maximum return of 37%.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for each 1% decline beyond 15%.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Russell 2000
Amount:	$2,098,000
Maturity:	March 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.3 times any index gain, up to a maximum return of 37%; if index falls by up to 15%, par; otherwise, 1% loss for each 1% decline beyond 15%
Initial level:	1,407.970
Buffer level:	1,196.7745, 85% of initial level
Pricing date:	Feb. 27
Settlement date:	March 2
Agents:	TD Securities (USA) LLC and Wells Fargo Securities, LLC
Fees:	3.68%
Cusip:	89114QZG6

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