New Issue: TD Bank sells $2.87 million leveraged capped buffered notes on MSCI EAFE

By Sarah Lizee

Olympia, Wash., July 16 – Toronto-Dominion Bank priced $2.87 million of leveraged capped buffered notes due July 8, 2020 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 150% of the index return, subject to a maximum payment of $1,270 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Leveraged capped buffered notes
Underlying index:	MSCI EAFE
Amount:	$2,868,000
Maturity:	July 8, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, subject to maximum payment of $1,270 per $1,000 principal amount; par if index falls by up to 15%; 1.1765% loss for every 1% drop beyond 15%
Initial level:	1,966.12
Buffer level:	1,671.202, 85% of initial level
Pricing date:	July 12
Settlement date:	July 19
Agent:	TD Securities (USA) LLC
Fees:	None
Cusip:	89114QPK8

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