E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/31/2019 in the Prospect News Structured Products Daily.

New Issue: TD Bank prices $3.71 million leveraged capped buffered notes on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Dec. 31 – Toronto-Dominion Bank priced $3.71 million of 0% leveraged capped buffered notes due May 24, 2022 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 1.7 times any gain, capped at $1,374 per $1,000 principal amount. If the index declines by up to 15%, the payout will be par. Investors will lose 1.1756% for every 1% that the index declines beyond 15%.

TD Securities (USA) LLC is the agent.

Issuer:Toronto-Dominion Bank
Issue:Leveraged capped buffered notes
Underlying index:MSCI EAFE index
Amount:$3,711,000
Maturity:May 24, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.7 times any gain, capped at $1,374 per $1,000 principal amount; if index declines by up to 15%, par; investors will lose 1.1765% for every 1% that index declines beyond 15%
Initial level:2,023.57
Buffer level:1,720.0345, 85% of initial level
Pricing date:Dec. 19
Settlement date:Dec. 27
Agent:TD Securities (USA) LLC
Fees:0%
Cusip:89114RAD8

© 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.