TD Bank plans leveraged buffered notes due 2020 on iShares MSCI EAFE

By Susanna Moon

Chicago, Sept. 14 – Toronto-Dominion Bank plans to price 0% leveraged buffered notes due Sept. 29, 2020 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any fund gain, up to a maximum settlement amount of $$1,205 to $1,245 for each $1,000 principal amount.

Investors will receive par if the fund falls by up to 10% and will lose 1% or each 1% decline beyond 10%.

TD Securities (USA) LLC is the agent.

The notes will price on Sept. 25.

The Cusip number is 89114QQY7.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.