New Issue: TD Bank sells $1.35 million capped index-linked notes tied to MSCI EAFE

Chicago, March 28– Toronto-Dominion Bank priced $1.35 million of 0% capped index-linked notes due May 11, 2023 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, capped at $1,180 per $1,000 of notes.

If the index return is zero or negative but not below negative 20%, the payout will be par plus the index return, up to a loss of 5%.

If the index falls by more than 20%, the payout will be 95% of par minus 1.1875% for each 1% loss of the index beyond 20%.

TD Securities (USA) LLC and Goldman Sachs & Co. LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Capped index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$1,350,000
Maturity:	May 11, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at $1,180 per $1,000 note; if index return is flat or negative but not below negative 20%, 1% loss for each 1% decline from initial level, with minimum payout of $950 per note; if index falls by more than 20%, 95% of par minus 1.1875% for each 1% loss of index beyond 20%
Initial index level:	2,291.91
Buffer level:	80% of initial level
Pricing date:	April 28, 2021
Settlement date:	May 5, 2021
Agent:	TD Securities (USA) LLC and Goldman Sachs & Co. LLC
Fees:	1.55%
Cusip:	89114TGU0

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