New Issue: TD Bank sells $2.13 million capped leveraged buffered notes on S&P 500

By Sarah Lizee

Olympia, Wash., Sept. 10 – Toronto-Dominion Bank priced $2.13 million of 0% capped leveraged buffered notes due Sept. 8, 2023 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 300% times the index return, capped at $1,621 per $1,000 of notes.

Investors will receive par if the index declines by 5% or less and will lose 1% for every 1% that the index declines beyond 5%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$2,125,000
Maturity:	Sept. 8, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% times any index gain, capped at $1,621 per $1,000 of notes; par if index declines by 5% or less; 1% loss for every 1% decline beyond 5%
Initial level:	2,878.05
Pricing date:	Sept. 6
Settlement date:	Sept. 11
Agent:	TD Securities (USA) LLC
Fees:	0.5%
Cusip:	89114QRC4

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