New Issue: TD sells $2.37 million market-linked autocalls with buffered downside on S&P 500

By Kiku Steinfeld

Chicago, Sept. 15– Toronto-Dominion Bank priced $2.37 million of 0% market-linked autocallable securities with fixed percentage buffered downside due Sept. 3, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a fixed call premium of 4.9% per year if the index closes at or above its initial level on any annual observation date.

The payout at maturity will be par unless the index finishes below 90% of its initial level, in which case investors will be exposed to losses beyond the 10% buffer.

TD Securities (USA) LLC and Wells Fargo Securities LLC are the agents.

Issuer:	Toronto-Dominion Bank
Issue:	Market-linked autocallable securities with fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$2,374,000
Maturity:	Sept. 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless index falls by more than 10%, in which case 1% loss for every 1% decline beyond buffer
Call:	At par plus 4.9% per year fixed premium if index closes at or above initial level on any annual observation date
Initial level:	4,522.68
Threshold level:	4,070.412, 90% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Agents:	TD Securities (USA) LLC and Wells Fargo Securities LLC
Fees:	2.825%
Cusip:	89114TNV0

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