| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for Toronto-Dominion Bank > News item |
TD Bank to price capped leveraged buffered notes tied to EM ETF
By Sarah Lizee
Olympia, Wash., May 15 – Toronto-Dominion Bank plans to price 0% capped leveraged buffered notes due June 3, 2021 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the ETF return is positive, the payout at maturity will be par plus 200% of the ETF gain, capped at par plus 11.3% to 12.3%. Investors will receive par if the ETF declines by 10% or less and will lose 1% for every 1% that the ETF declines beyond 10%.
TD Securities (USA) LLC is the agent.
The notes will price on May 31.
The Cusip number is 89114QQ76.
© 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.