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Published on 12/1/2017 in the Prospect News Structured Products Daily.

New Issue: TD Bank sells $2.24 million capped leveraged buffered notes on Russell

By Marisa Wong

Morgantown, W.Va., Dec. 1 – Toronto-Dominion Bank priced $2.24 million of 0% capped leveraged buffered notes due Nov. 26, 2019 linked to the Russell 2000 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 200% times the index return, capped at 20%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Capped leveraged buffered notes
Underlying index:Russell 2000
Amount:$2,243,000
Maturity:Nov. 26, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% times any index gain, with return capped at 20%; par if index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial level:1,518.890
Pricing date:Nov. 21
Settlement date:Nov. 27
Agent:TD Securities (USA) LLC
Fees:0.5%
Cusip:89114QJW9

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