New Issue: TD Bank prices $19.72 million leveraged capped buffered notes on S&P

By Sarah Lizee

Olympia, Wash., Feb. 6 – Toronto-Dominion Bank priced $19.72 million of 0% leveraged capped buffered notes due July 20, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.4 times any gain, capped at $1,263.90 per $1,000 principal amount. If the index declines by up to 15%, the payout will be par. Investors will lose 1.1765% for every 1% that the index declines beyond 10%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged capped buffered notes
Underlying index:	S&P 500
Amount:	$19,722,000
Maturity:	July 20, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.4 times any gain, capped at $1,263.90 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:	3,225.52
Buffer level:	2,741.692, 85% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 7
Agent:	TD Securities (USA) LLC
Fees:	None
Cusip:	89114RCH7

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