New Issue: TD Bank sells $2.25 million buffered accelerator notes on Financial ETF

By Marisa Wong

Morgantown, W.Va., June 14 – Toronto-Dominion Bank priced $2.25 million of 0% capped buffered accelerator notes due June 7, 2019 linked to the Financial Select Sector SPDR fund, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any fund gain, subject to a maximum return of 15.21%.

Investors will receive par if the fund falls by up to 15% and will lose 1% for each 1% decline beyond the buffer.

TD Securities (USA) LLC is the underwriter.

Issuer:	Toronto-Dominion Bank
Issue:	Capped buffered accelerator notes
Underlying fund:	Financial Select Sector SPDR fund
Amount:	$2,252,000
Maturity:	June 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, return capped at 15.21%; par if the fund falls by up to 15%; 1% loss for each 1% decline beyond the buffer
Initial price:	$23.45
Buffer level:	$19.9325, 85% of initial price
Pricing date:	June 2
Settlement date:	June 7
Agent:	TD Securities (USA) LLC
Fees:	0.45%
Cusip:	89114QJJ8

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