New Issue: TD Bank prices $300,000 capped buffered return enhanced notes on DocuSign

By Sarah Lizee

Olympia, Wash., June 18 – Toronto-Dominion Bank priced $300,000 of 0% capped buffered return enhanced notes due July 2, 2020 linked to the DocuSign, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par plus 2 times the stock gain, capped at par plus 24.6%. Investors will receive par if the stock declines by 25% or less and will lose 1.3333% for every 1% that the stock declines beyond 25%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Capped buffered return enhanced notes
Underlying stock:	DocuSign, Inc.
Amount:	$300,000
Maturity:	July 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any stock gain, capped at par plus 24.6%; par if the stock declines by 25% or less; 1.3333% loss for every 1% that the stock declines beyond 25%
Initial level:	$50.78
Buffer:	75% of initial level
Pricing date:	June 14
Settlement date:	June 19
Agent:	TD Securities (USA) LLC
Fees:	1%
Cusip:	89114QX86

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