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Published on 3/12/2024 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

TD Bank announces C$350 million redemption of series 22 preferreds

Chicago, March 12 – Toronto-Dominion Bank is exercising its right to redeem all 14 million outstanding series 22 non-cumulative five-year rate reset class A first preferred shares, according to a press release.

The shares will be redeemed on April 30 at C$25.00 per share.

The redemption totals C$350 million.

Final dividends will be paid in the usual manner on April 30.

Inquiries should be directed to the registrar and transfer agent, TSX Trust Co. (800 387-0825, Toronto: 416 682-3860).

The financial services and banking company is based in Toronto.


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