New Issue: TD Bank sells $375,000 digital notes linked to Peloton Interactive

By Kiku Steinfeld

Chicago, June 27 – Toronto-Dominion Bank priced $375,000 of 0% digital notes due Dec. 21, 2022 linked to the common stock of Peloton Interactive, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal the initial share price, the payout at maturity will be par of $1,000 plus 55%.

If the stock finishes below its initial price, investors will receive a number of shares equal to $1,000 divided by the initial price.

TD Securities (USA) LLC is the agent.

Issuer:	Toronto-Dominion Bank
Issue:	Digital notes
Underlying stock:	Peloton Interactive, Inc.
Amount:	$375,000
Maturity:	Dec. 21, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 55% unless stock falls, in which case 25.4712 shares
Initial share price:	$39.26
Pricing date:	Dec. 14, 2021
Settlement date:	Dec. 15, 2021
Agent:	TD Securities (USA) LLC
Fees:	2%
Cusip:	89117GDD6

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