TD Bank to price leveraged capped buffered notes on MSCI EAFE index

By Sarah Lizee

Olympia, Wash., Sept. 19 – Toronto-Dominion Bank plans to price 0% leveraged capped buffered 24- to 27-month notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 160% of any index gain, up to a maximum settlement amount of $1,316.64 to $1,372.32 per $1,000 principal amount.

Investors will receive par if the index declines by 15% or less and will lose 1.1765% for each 1% decline beyond 15%.

The exact deal terms, including maturity date and cap, will be set at pricing.

TD Securities (USA) LLC is the agent.

The Cusip number is 89114QRF7.

© 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.