New Issue: TD Bank prices $1.36 million digital notes due 2021 linked to MSCI EAFE

By Sarah Lizee

Olympia, Wash., July 19 – Toronto-Dominion Bank priced $1.36 million of 0% digital notes due July 14, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold level, the payout at maturity will be $1,113.30 per $1,000 principal amount of notes.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

TD Securities (USA) LLC is the underwriter.

Issuer:	Toronto-Dominion Bank
Issue:	Digital notes
Underlying index:	MSCI EAFE
Amount:	$1,355,000
Maturity:	July 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or falls by up to 15%, par plus 11.33%; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:	1,917.67
Barrier level:	1,630.0195, 85% of initial level
Pricing date:	July 17
Settlement date:	July 24
Agent:	TD Securities (USA) LLC
Fees:	NoneCusip:	89114Q3F3

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