New Issue: TD Bank sells $363,000 digital buffered notes on Russell 2000

By Sarah Lizee

Olympia, Wash., Oct. 4 – Toronto-Dominion Bank priced $363,000 of 0% digital buffered notes due Sept. 28, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least negative 15%, the payout at maturity will be par plus the digital return of 15%. Otherwise, investors will lose 1% for each 1% decline beyond the 15% buffer.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital buffered notes
Underlying index:	Russell 2000
Amount:	$363,000
Maturity:	Sept. 28, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is at least negative 15%, par plus 15%; otherwise, 1% loss for each 1% decline beyond the 15% buffer
Initial level:	1,550.654
Buffer level:	1,318.0559, 85% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	TD Securities (USA) LLC
Fees:	2.5%
Cusip:	89114Q6E3

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