Toronto Dominion Bank 424B Filings

The Toronto-Dominion Bank is offering senior unsecured market-linked notes tied to the lowest performing of Salesforce and ServiceNow stock, maturing on November 30, 2028. Each security has a $1,000 face amount and pays a 13.60% per annum contingent coupon quarterly, but only if on that quarter’s calculation day the lowest performing stock closes at or above 60% of its starting price. If this condition is never met, investors receive no coupons.

From February 2026 to August 2028, if on any calculation day the lowest performing stock is at or above its starting price, the notes are automatically called at $1,000 plus that quarter’s coupon. If not called, principal is protected at maturity only if the lowest stock on the final calculation day is at or above its downside threshold of 60% of its starting price; otherwise repayment is $1,000 multiplied by that stock’s performance factor, meaning losses of more than 40% and up to 100% of principal are possible.

The original offering price is $1,000 per security, with total offering size of $5,138,000, agent discount of 2.125% and proceeds to TD of $978.75 per security. The estimated value at pricing was $946.00 per security, below the offering price. The notes are not listed on an exchange, pay no dividends on the underlying stocks, offer no participation in stock gains and are subject to TD’s credit risk. U.S. tax counsel views them as prepaid derivative contracts with contingent ordinary income coupons, but the tax outcome is uncertain.

The Toronto-Dominion Bank is offering $2,850,000 of Autocallable Fixed Interest Barrier Notes linked to Amazon, Alphabet (Class A), Netflix and Qualcomm. These three-year senior unsecured notes pay fixed monthly interest of approximately 10.55% per annum, regardless of stock performance, unless the notes are automatically called when all four shares are at or above 100% of their Initial Values on a call observation date.

If never called and each stock finishes at or above its Barrier Value of 50% of Initial Value, investors receive their $1,000 principal back per note plus the final interest payment. If any stock ends below its barrier, holders receive shares of the worst-performing stock based on a preset physical delivery amount, which can be worth far less than principal and could decline further after the valuation date. The notes are not listed, are subject to TD’s credit risk, and had an estimated initial value of $917 per $1,000 note, below the public offering price.

The Toronto-Dominion Bank is offering senior unsecured structured notes linked to the S&P 500® Index with an expected 24‑month term and an automatic call feature. The notes pay no interest and may be automatically called after 12–14 months if the index closing level is at or above the initial level, in which case investors receive $1,000 plus a call premium expected to be 8.50%–9.97%.

If the notes are not called and the final index level is at or above 95.00% of the initial level, investors receive a capped maximum payment between $1,170.00 and $1,199.40 per $1,000. If the final level falls more than 5.00% below the initial level, repayment is reduced using a downside multiplier of approximately 1.0526, and the entire principal can be lost.

The notes are unsecured obligations of TD, are not insured by any government agency, and will not be listed on an exchange. The initial estimated value is expected to be $945.70–$975.70 per $1,000, below the $1,000 public offering price, reflecting selling costs, hedging and TD’s internal funding rate.

The Toronto-Dominion Bank (TD) is offering senior unsecured structured Notes with a $1,000 principal amount per Note, for an aggregate public offering of $1,660,000. The Notes run for approximately 54 weeks and are linked to the Nasdaq‑100, Russell 2000 and S&P 500 indices, with an automatic call feature on scheduled review dates.

Investors may receive a contingent interest payment of $39.45 per $1,000 Note on each payment date, but only if each index closes at or above its barrier level, set at 80% of its initial level

If the Notes are not called and, on the final review date, any index ends below its barrier, the repayment of principal is reduced in line with the least performing index, up to a total loss of the $1,000 principal. TD discloses an estimated value of $982 per Note, which is lower than the $1,000 public offering price, reflecting selling, structuring and hedging costs. The Notes are not listed, are subject to TD’s credit risk, and involve complex U.S. and Canadian tax considerations, including possible 30% U.S. withholding on contingent interest for non‑U.S. holders.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices. Each Note has a $1,000 principal amount and pays a contingent interest payment at an annual rate of approximately 8.30%, but only if on each monthly observation date all three indices are at or above 60% of their initial levels.

TD may, at its discretion, call the Notes in whole on any monthly call date starting with the sixth interest payment date, returning the $1,000 principal plus any due interest, after which no further payments are made. If the Notes are not called and, at maturity in 2029, any index is below 60% of its initial level, investors lose 1% of principal for every 1% decline in the worst-performing index and can lose their entire investment. The estimated value on the pricing date is expected to be between $940 and $975 per $1,000 Note, and the Notes will not be listed on any exchange.

The Toronto-Dominion Bank is offering Autocallable Contingent Interest Barrier Notes linked to the S&P 500® Index, with a 7.20% per annum contingent interest rate and a $1,000 minimum investment. Interest is paid monthly only if, on the observation date, the index is at or above the contingent interest barrier of 60.00% of the initial value (4,059.528 based on an initial value of 6,765.88). The Notes may be automatically called quarterly if the index is at or above 100.00% of the initial value, returning principal plus any due interest, with no further payments.

If the Notes are not called and on the final valuation date the index closes below the 60.00% barrier, repayment of principal is reduced one-for-one with the index decline, down to a possible 100% loss of principal. The Notes are unsecured senior debt of TD, are not insured by any deposit insurance scheme, and will not be listed on any exchange. The estimated value on the pricing date is $992.20 per Note, below the $1,000 public offering price, reflecting selling costs, structuring, and hedging.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of Meta, Netflix, Oracle and Uber common stock. The Notes have a Principal Amount of $1,000 per Note, a public offering price of $1,000.00 and an aggregate public offering of $2,602,000.00, with proceeds to TD of $2,585,087.00 after a $6.50 per Note underwriting discount.

The Notes pay a contingent interest rate of approximately 29.50% per annum, payable monthly only if on each observation date the Closing Value of every Reference Asset is at or above its Contingent Interest Barrier Value, set at 60.00% of its Initial Value. Principal is repaid at maturity only if each Final Value is at or above its Barrier Value, set at 50.00% of Initial Value; otherwise investors lose 1% of principal for each 1% decline of the worst-performing stock and could lose the entire Principal Amount.

TD may, at its discretion, call the Notes monthly from the third Contingent Interest Payment Date (excluding the Maturity Date), paying par plus any due interest. The estimated value is $947.30 per Note, below the $1,000.00 public offering price. The Notes are not insured, not listed on any exchange and are intended to be treated for U.S. tax purposes as prepaid derivative contracts.

The Toronto-Dominion Bank is issuing senior unsecured Callable Contingent Interest Barrier Notes linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices. Each Note has a $1,000 principal amount, matures on August 30, 2027, and offers a contingent interest rate of approximately 10.40% per annum, payable monthly only if all three indices are at or above 70% of their Initial Values on the observation date.

TD can call the Notes monthly from the third interest payment date, paying principal plus any due interest, after which no further payments are made. If the Notes are not called and any index finishes below 60% of its Initial Value at maturity, investors lose 1% of principal for each 1% decline in the worst-performing index and can lose their entire investment. The Notes are not listed, are subject to TD’s credit risk, and had an estimated value of $987.70 per Note versus a $1,000 public offering price.

The Toronto-Dominion Bank is offering Callable Contingent Interest Barrier Notes with a total public offering of $438,000, linked to the worst performer of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The Notes pay contingent interest at 9.00% per annum, but only if on each monthly observation date all three indices are at or above 70% of their Initial Values; otherwise no interest is paid for that period.

The Notes mature on November 30, 2028 and are callable monthly by TD from the third interest payment date, at $1,000 per Note plus any due interest. If not called, principal repayment depends on the Final Values: if every index stays at or above 65% of its Initial Value, investors receive full principal; if any falls below 65%, repayment is reduced one-for-one with the decline of the worst-performing index and investors can lose their entire investment. The Notes are unsecured TD senior debt, not listed, and had an estimated value of $948.10 per $1,000 at pricing, below the public offering price.

The Toronto-Dominion Bank is offering $4,000,000 of senior unsecured Callable Contingent Interest Barrier Notes linked to the worst performer of the Nasdaq-100 Index, the Russell 2000 Index and the Real Estate Select Sector SPDR Fund. The Notes pay a contingent coupon at approximately 13.60% per annum, but only if on each monthly observation date all three underliers are at or above 70% of their initial value; otherwise no interest is paid for that period.

TD can redeem the Notes in whole, at its discretion, on monthly dates starting with the third interest payment, returning principal plus any due interest. If the Notes are not called and on the final valuation date any underlier closes below 70% of its initial value, repayment of principal is reduced one-for-one with the worst underlier’s decline, potentially down to zero. The Notes are unsecured obligations subject to TD’s credit risk, are not listed on an exchange, and their initial estimated value of $986 per $1,000 is below the public offering price.

The Toronto-Dominion Bank (TD) is offering senior unsecured Contingent Income Auto-Callable Securities due December 2, 2027, linked to the worst-performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. These principal-at-risk notes pay a contingent quarterly coupon of $25.80 per $1,000 (10.32% per annum) only if, on a determination date, the closing value of each index is at least 75% of its initial level.

The notes are automatically called, and pay principal plus the coupon, if on any non-final determination date all three indices are at or above 100% of their initial levels. If held to maturity and any index finishes below 75% of its initial level, investors incur a 1:1 loss based on the worst-performing index and can lose their entire principal. The securities are not listed, are subject to TD’s credit risk, and are expected to have an initial estimated value between $940 and $975 per $1,000 price to the public.

The Toronto-Dominion Bank is offering principal-at-risk callable contingent income securities due December 21, 2027, linked to the S&P 500® Index. Each $1,000 security may pay a contingent quarterly coupon of $20.15 (equivalent to 8.06% per annum) if, on a determination date, the index closing value is at least 80.00% of the initial index value. TD can, at its discretion, redeem all of the securities on any coupon date (other than at maturity) for $1,000 plus any due coupon.

If the securities are not called and the final index value is at least 80.00% of the initial index value, holders receive $1,000 plus any final coupon. If the final index value is below 80.00%, repayment of principal is reduced on a 1-to-1 basis with the index decline and can be zero, meaning investors may lose their entire investment. The securities are senior unsecured debt of TD, not listed on any exchange, include embedded fees (total $15.00 per $1,000), and have an estimated value on the pricing date between $945.00 and $980.00 per security.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the worst performer of the Dow Jones Industrial Average®, Russell 2000® Index and S&P 500® Equal Weight Index. Each Note has a $1,000 principal amount, a Pricing Date of December 4, 2025 and a scheduled Maturity Date of December 7, 2029, unless TD calls the Notes early.

The Notes pay a contingent interest rate of approximately 8.80% per annum, credited monthly only if on each observation date all three indices are at or above 70.00% of their initial level. TD can, in its discretion, redeem the Notes quarterly (starting on the third interest payment date) at par plus any due interest, after which no further payments are made.

If the Notes are not called, principal repayment depends on final index levels. If each index finishes at or above 60.00% of its initial value, investors receive full principal (plus any due interest). If any index ends below 60.00%, repayment is reduced 1% for each 1% decline in the worst-performing index, down to a possible total loss. The estimated initial value is $955.00–$980.00 per Note, below the $1,000 public offering price, and payments are subject to TD’s credit risk.

The Toronto-Dominion Bank plans to issue senior unsecured Callable Contingent Interest Barrier Notes linked to the S&P 500® Index. Each Note has a $1,000 principal amount and may pay contingent interest at approximately 7.60% per annum, but only for months when the index closes at or above 70% of its Initial Value on the relevant observation date.

TD can, at its discretion, call the Notes monthly starting on the third interest payment date, returning principal plus any due interest, after which no further payments are made. If the Notes are not called and, at maturity in September 2030, the index is below 70% of its Initial Value, investors lose 1% of principal for each 1% index decline, up to a total loss of principal.

The Notes are not listed, may have limited liquidity, and their estimated initial value is expected to be between $940 and $975 per $1,000, below the public offering price, reflecting selling costs, structuring margin and hedging. All payments depend on TD’s credit and involve complex U.S. and Canadian tax considerations.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the worst performer of Oracle, S&P Global and UnitedHealth common stock. Each Note has a $1,000 principal amount, a maturity date of June 9, 2027, and may be called early if all three stocks are at or above 100.00% of their Initial Values on monthly call observation dates.

The Notes pay a contingent interest rate of 16.35% per annum, payable monthly only when each stock closes at or above its contingent interest barrier, set at 50.00% of its Initial Value. If the Notes are not called and any stock finishes below its 50.00% barrier on the Final Valuation Date, repayment is reduced 1% for each 1% decline in the worst-performing stock, down to a possible full loss of principal. The estimated value on the pricing date is expected to be $920.00–$955.00 per Note, below the $1,000 public offering price, and all payments depend on TD’s creditworthiness.

The Toronto-Dominion Bank is offering Callable Contingent Interest Barrier Notes linked to the worst performer of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. The Notes have a 10.30% per annum contingent interest rate, paid quarterly only if on each observation date all three indexes are at or above 70% of their initial values. If any index is below this barrier on a given date, no interest is paid for that quarter.

TD can call the Notes quarterly starting with the first interest date, paying back the $1,000 principal per Note plus any due interest, after which no further payments are made. If the Notes are not called, principal repayment at maturity depends on index performance versus 60% “barrier” levels. If any index finishes below 60% of its initial value, repayment is reduced one-for-one with the worst index’s percentage loss, up to a total loss of principal. The initial public offering totals $500,000, with proceeds to TD of $496,250, and the Notes are unsecured obligations subject to TD’s credit risk and will not be listed for trading.

The Toronto-Dominion Bank is offering Autocallable Contingent Interest Barrier Notes linked to the worst performer of Salesforce (CRM) and Netflix (NFLX). The Notes have a Principal Amount of $1,000 per Note and a total initial offering of $650,000. They pay a 24.00% per annum contingent interest, calculated and paid monthly, but only if on each observation date the closing value of both stocks is at or above 70.00% of their Initial Values.

The Notes are automatically called if, on a call observation date, each stock is at or above 100.00% of its Initial Value, in which case holders receive $1,000 plus any due interest and no further payments. If the Notes are not called and on the Final Valuation Date either stock is below its 70.00% Barrier Value, repayment of principal is reduced one-for-one with the decline of the worst-performing stock, down to a potential total loss of principal.

The Notes are unsecured senior debt of TD, not insured deposits, and will not be listed on any exchange. The estimated value on the pricing date is $978.80 per Note, below the $1,000 public offering price, reflecting structuring, distribution and hedging costs. U.S. tax disclosure describes the intended treatment as prepaid derivative contracts, with significant tax uncertainty highlighted.

The Toronto-Dominion Bank is offering $13,285,000 of Contingent Income Auto-Callable Securities, part of its Senior Debt Securities, Series H, linked to the worst performing of the Nasdaq-100, S&P 500 and EURO STOXX 50 indices.

Each security has a $1,000 principal amount and may pay a contingent quarterly coupon of $25.20 (10.08% per annum) if, on every trading day in a quarter, all three indices stay at or above 75% of their initial levels. If any index closes below its coupon threshold on any day in a quarter, no coupon is paid for that entire period.

The notes can be auto-called after a 6‑month non-call period if all indices are at or above 100% of their initial levels on an observation period end-date, returning principal plus any due coupon. If held to maturity and any index finishes below 65% of its initial level, investors are exposed 1‑for‑1 to the decline of the worst index and can lose most or all of principal. All payments depend on TD’s credit, and the estimated value on the pricing date is $954.60 per $1,000 security.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100 Index®, the S&P 500® Equal Weight Index and the EURO STOXX 50® Index. The Notes have a Principal Amount of $1,000 per Note, with an initial total public offering of $10,000,000, and an estimated value on the pricing date of $990.60 per Note, which is lower than the public offering price.

The Notes pay a contingent interest rate of 13.15% per annum, but only if on each quarterly Contingent Interest Observation Date all three indices close at or above 70.00% of their Initial Values; otherwise no interest is paid for that period. The Notes are automatically called if on any Call Observation Date all indices are at or above 100.00% of their Initial Values, in which case investors receive $1,000 plus any due contingent interest and no further payments.

If the Notes are not called, principal repayment at maturity depends on index performance on the Final Valuation Date. If each index is at or above 65.00% of its Initial Value, investors receive full principal; if any index is below 65.00%, repayment is reduced 1% for each 1% decline of the worst-performing index and investors can lose their entire investment. The Notes are not listed, carry TD’s credit risk, have complex U.S. and Canadian tax treatment and are not intended for EEA or UK retail investors.

The Toronto-Dominion Bank is offering $5,815,000 of senior unsecured Callable Contingent Income Securities due November 26, 2027, linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. Each $1,000 security may pay a contingent quarterly coupon of $25.875 (10.35% per annum) only if, on every trading day in the quarter, each index stays at or above 70% of its initial level; a single day below that level for any index cancels that quarter’s coupon.

TD may redeem the notes early on specified dates at its option for $1,000 plus any due coupon. If held to maturity and all final index values are at or above 65% downside thresholds, investors receive $1,000 plus any final coupon. If any index ends below its downside threshold, the payoff is reduced 1-to-1 with the decline of the worst index, to less than 65% of principal and possibly zero, with no upside participation in index gains.

The securities are not listed, have an estimated value of $967.20 per $1,000 at pricing, and all payments depend on TD’s credit.

The Toronto-Dominion Bank (TD) is offering senior unsecured Contingent Income Auto-Callable Securities due December 1, 2028, linked to the worst performer of Amazon, Meta and NVIDIA common stocks. Each security has a stated principal amount of $1,000 and pays a contingent monthly coupon of $14.667 (about 17.60% per year) only when all three stocks are at or above 60% of their initial share prices on the relevant determination date.

Beginning with the sixth determination date, if all three stocks close at or above 100% of their initial share prices, the notes are automatically redeemed at par plus that month’s coupon, ending any further payments. If held to maturity and every stock finishes at or above 50% of its initial level, principal is repaid, with a final coupon if the 60% condition is also met.

If at maturity any stock is below 50% of its initial price, repayment is reduced 1‑for‑1 with the decline of the worst-performing stock, and the amount repaid can be zero. The notes are not listed, do not provide any upside participation or dividends, and all payments are subject to TD’s credit risk. The estimated value on the pricing date is expected between $900 and $935 per $1,000 security, below the issue price, and dealer compensation totals $25 per security.

The Toronto-Dominion Bank is offering senior unsecured Capped Notes linked to the S&P 500® Index. Each Note has a $1,000 principal amount, a term to December 1, 2027, and no periodic interest payments.

At maturity, investors receive the lesser of: (i) $1,000 plus the percentage gain of the index, or (ii) a Maximum Redemption Amount of $1,122 per Note. If the index is flat or lower than its initial level, investors receive only the $1,000 principal, assuming TD meets its obligations.

The Notes are unsecured obligations of TD, are not insured by any government agency, and will not be listed on an exchange, so liquidity may be limited and resale prices may be below the issue price. The estimated value on the pricing date is expected to be between $950 and $985 per Note. For U.S. tax purposes, the Notes are expected to be treated as contingent payment debt instruments, which can require recognizing taxable income before cash is received.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. Each Note has a $1,000 principal amount, priced at $1,000 with an estimated value of $973.50, and a scheduled maturity in November 2028.

The Notes pay monthly contingent interest at 13.35% per annum (about $11.125 per $1,000 per month) only if on each observation date all three indices are at or above 80% of their Initial Values. TD can call the Notes in whole, starting on the sixth interest date, paying back $1,000 plus any due interest, after which no further payments occur.

At maturity, if the Notes have not been called and each index is at or above its 80% barrier, investors receive $1,000 plus any interest. If any index finishes below its 80% barrier, repayment is reduced one-for-one with the worst index’s decline from its Initial Value, down to possible total loss of principal. The Notes are unsecured obligations of TD, not insured, not listed, may have limited liquidity, and involve complex market, correlation, interest rate, valuation and tax risks.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and EURO STOXX 50 Index. Each Note has a $1,000 principal amount and pays a 10.55% per annum contingent interest, evaluated quarterly, but only if each index stays at or above 55.00% of its initial level on the relevant observation date.

TD may call the Notes quarterly, paying back the $1,000 principal plus any due contingent interest, after which no further amounts are owed. If the Notes are not called and on the Final Valuation Date any index is below its 55.00% barrier, repayment of principal is reduced 1% for each 1% decline in the worst-performing index, down to a possible total loss. The offering size shown is $1,225,000, with proceeds to TD of $1,223,775, and the initial estimated value is $991.80 per Note, less than the $1,000 public price. The Notes are not listed, are subject to TD’s credit risk and have complex U.S. and Canadian tax treatment.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The Notes pay a contingent coupon at approximately 11.50% per annum, but only if on each monthly observation date all three indices are at or above their 70.00% barrier/interest levels. If any index is below its barrier on an observation date, no interest is paid for that period.

TD may, at its discretion, call the Notes monthly starting on the third interest payment date, returning the $1,000 principal per Note plus any due interest, after which no further payments are made. If the Notes are not called and, at maturity, any index is below 70.00% of its initial level, repayment is reduced one-for-one with the decline of the worst-performing index, down to a possible total loss of principal.

The Notes are not listed, are subject to TD’s credit risk, and have an estimated initial value of $981.50 per $1,000, below the public offering price, reflecting selling costs, hedging and TD’s internal funding rate. The product carries complex market, liquidity, interest rate and tax risks highlighted in extensive risk factor and tax discussions.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the least performing of Broadcom (AVGO), Intel (INTC) and Marvell Technology (MRVL). Each Note has a $1,000 principal amount and a contingent interest rate of approximately 31.30% per annum, payable monthly only if on the observation date the closing value of each stock is at or above its contingent interest barrier, set at 60% of its initial value.

The Notes are automatically called if, on any quarterly call observation date starting June 2, 2026, the closing value of each stock is at least 100% of its initial value, in which case holders receive $1,000 plus any due contingent interest and the Notes terminate. If not called, at maturity in December 2028 investors receive $1,000 only if each final value is at or above its 60% barrier; otherwise the payoff is $1,000 plus $1,000 times the percentage change of the worst-performing stock, exposing holders to up to a 100% loss of principal.

The estimated value on the pricing date is expected to be between $887.50 and $917.50 per Note, below the public offering price of $1,000, reflecting structuring, distribution and hedging costs. Underwriting discount is up to $20.00 per Note, with proceeds to TD of at least $980.00 per Note. The Notes will not be listed, pay no dividends, and all payments are subject to TD’s credit risk. The U.S. tax treatment is uncertain but TD intends to treat the Notes as prepaid derivative contracts.

The Toronto-Dominion Bank (TD) is offering senior unsecured notes linked to the S&P 500® Index that do not pay interest and expose holders to loss of principal. The notes run from a strike date of November 21, 2025 to a valuation date of November 4, 2027, with maturity on November 8, 2027. For each $1,000 note, if the S&P 500 final level is at or above 90.00% of the initial level of 6,602.99, investors receive a fixed threshold settlement amount of $1,168.90, a 16.890% total return, regardless of how far the index has risen.

If the final level is below the 90.00% threshold level of 5,942.691, the payoff is reduced and investors lose principal at a downside multiplier of approximately 1.1111, so a drop of more than 10.00% leads to losses greater than the index decline below the threshold and can result in a total loss of the $1,000 principal. The notes are not insured, are subject to TD’s credit risk, will not be listed on an exchange and may have limited or no secondary market. The initial estimated value is expected to be between $951.00 and $981.00 per $1,000 note, below the $1,000 public offering price.

The Toronto-Dominion Bank is offering unsecured Senior Debt Securities, Series H, linked to the Nasdaq-100, Russell 2000 and S&P 500 indices. Each Note has a $1,000 principal amount and a term of about 54 weeks, with potential automatic call on quarterly Review Dates.

Investors may receive a contingent interest payment of at least $39.45 per $1,000 on each Review Date if every index is at or above its 80.00% Barrier Level; otherwise no interest is paid for that period. If the Notes are called, investors receive $1,000 plus the applicable contingent interest and no further payments.

If the Notes are not called and any index finishes below its Barrier Level at maturity, repayment of principal is reduced one-for-one with the decline of the worst-performing index, down to a possible total loss. The estimated initial value is expected to be $950.00–$985.00 per Note, the Notes will not be listed, and returns depend on both market performance and TD’s credit.

The Toronto-Dominion Bank is offering unsecured senior notes that pay no interest and return at maturity depends on an unequally weighted basket of five equity indices: EURO STOXX 50® (38%), TOPIX (26%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%). The term is expected to be about 17–20 months.

If the basket rises, holders receive 300% of the basket’s percentage gain, capped at a Maximum Payment Amount between $1,240.90 and $1,282.60 per $1,000 of principal. If the basket is unchanged, investors receive only their $1,000 principal. If the basket falls, repayment is reduced 1% for each 1% decline, down to zero, so the entire principal can be lost.

The notes are not deposits and are not insured by the Canada Deposit Insurance Corporation, the FDIC or any government agency. All payments depend on TD’s credit. The initial estimated value is expected to be $946.30–$976.30 per $1,000, below the $1,000 public offering price, and any secondary market is expected to be limited and at prices below the offering price.

The Toronto-Dominion Bank plans to issue Callable Contingent Interest Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The Notes pay a contingent coupon at a 9.60% per annum rate, but only for quarters when each index closes at or above 65% of its initial level; if any index is below that barrier on an observation date, no interest is paid for that period.

TD can redeem the Notes in whole on quarterly call dates (starting with the second interest date), returning principal plus any due interest, after which no further payments are made. If the Notes are not called and on the final valuation date any index finishes below 60% of its initial level, investors lose principal in line with the worst-performing index and can lose their entire investment. The Notes mature in December 2030, are unsecured TD obligations, will not be listed, and have an estimated initial value of $950–$985 per $1,000 Note, below the public offering price.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The Notes pay contingent interest at approximately 12.35% per annum, but only if on each monthly observation date all three indices are at or above 70% of their initial levels. TD may, at its discretion, call the Notes monthly from the third interest payment date, returning principal plus any due interest and ending all future payments. If the Notes are not called and any index finishes below 70% of its initial level at maturity in June 2027, repayment of principal is reduced one-for-one with the worst-performing index and investors can lose their entire $1,000 per Note. The estimated value is disclosed as $940–$975 per $1,000 Note, below the public offering price, and the Notes will not be listed for trading.

The Toronto-Dominion Bank is offering Performance Leveraged Upside Securities (PLUS), senior unsecured notes linked to the Russell 2000® Index, maturing on April 5, 2027. Each PLUS has a stated principal of $1,000, pays no coupons and does not guarantee any return of principal.

If the final index value is above the initial value, investors receive $1,000 plus 300% of the index gain, capped at a maximum payment of $1,207.6020.76% maximum gain. If the final index value is below the initial value, the payoff falls one-for-one with the index, and investors can lose up to their entire principal.

The PLUS will not be listed on any exchange, so liquidity may be limited. The estimated value on the pricing date is expected to be between $940 and $975 per $1,000 PLUS, reflecting internal funding, hedging and distribution costs. All payments depend on TD’s credit; these are unsecured, non‑deposit obligations not insured by Canadian or U.S. deposit insurers.

The Toronto-Dominion Bank is offering unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index. The Notes pay a contingent interest at an annual rate of 12.90%, but only for months when the closing level of each index is at or above 75% of its initial level; otherwise no interest is paid for that period.

TD can, at its discretion, call the Notes in whole (but not in part) on any monthly call date starting with the sixth interest payment date, returning the $1,000 principal per Note plus any interest due, after which no further payments are made. If the Notes are not called, and on the final valuation date any index is below 75% of its initial level, investors lose 1% of principal for each 1% decline in the worst-performing index and can lose their entire investment.

The Notes mature in November 2028, are not listed on any exchange, and all payments depend on TD’s ability to meet its obligations. The estimated value at pricing was $984.00 per $1,000 Note, lower than the public offering price, reflecting fees, structuring and hedging costs.

The Toronto-Dominion Bank is offering senior unsecured market-linked notes tied to the lowest performing of Amazon, Broadcom, Alphabet Class A and NVIDIA, maturing on November 27, 2028. Each security has a $1,000 face amount and pays a contingent coupon at 15.75% per annum, credited monthly only if the lowest performing stock on that month’s calculation day is at or above its coupon threshold (50% of its starting price). Missed coupons can be paid later if the test is met, but investors may receive no coupons for the entire term.

The notes are auto-callable from February 2026 to October 2028 if the lowest performing stock is at or above its starting price, in which case investors receive $1,000 plus the applicable coupon(s). If not called, principal is protected only if the lowest performing stock on the final calculation day is at or above its downside threshold (50% of starting price); otherwise, repayment is reduced in full proportion to that stock’s decline, with losses potentially up to 100% of principal.

The original offering price is $1,000 per security, with an estimated value of $913.40. Total offering size is $12,982,000, with proceeds to TD of $12,680,168.50 after a 2.325% selling commission. The notes are senior unsecured obligations of TD, not insured by CDIC or FDIC, and will not be listed on any exchange, so liquidity may be limited.

The Toronto-Dominion Bank is offering senior unsecured Nasdaq-100 Index®-linked Notes that pay no interest and mature on March 25, 2027. For each $1,000 note, if the Nasdaq-100 final level on the valuation date is at least 85.00% of the initial level of 24,239.57, holders receive a fixed Threshold Settlement Amount of $1,121.50, a 12.15% total return.

If the final level is below the 85.00% threshold, repayment is reduced by a downside multiplier of approximately 1.1765, so losses accelerate and can reach a 100% loss of principal. The notes are not principal-protected, pay no coupons, and do not participate in upside beyond the capped threshold amount.

The offering size is $18,949,000, at a public price of $1,000 per note, with proceeds to TD of $986.50 per note and an initial estimated value of $983.00. The notes are unsecured obligations exposed to TD’s credit risk, will not be listed on any exchange, may have limited secondary liquidity, and involve complex U.S. and Canadian tax considerations.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes with Memory Interest linked to Teradyne, Inc. common stock. The Notes pay a quarterly Contingent Interest Payment at an annual rate of 17.50% to 19.50% only if Teradyne’s closing price on the observation date is at or above a barrier set at 60% of the initial stock price; missed coupons can be paid later if the barrier is met under the memory feature.

The Notes are automatically called if Teradyne is at or above 100% of its initial value on any call observation date, returning the $1,000 principal plus any due and unpaid interest, with no further payments. If not called and the final stock price is below the 60% barrier, repayment at maturity is reduced 1% for every 1% decline in Teradyne from the initial level, up to a complete loss of principal. The estimated initial value is $932.50–$962.50 per $1,000 Note, they are not exchange‑listed, and all payments depend on TD’s credit.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the worst performer of Home Depot (HD) and NVIDIA (NVDA). Each Note has a $1,000 principal amount and offers a Contingent Interest Rate of approximately 24.70% per year, paid monthly only if on each observation date both stocks close at or above 70% of their Initial Value.

The Notes are automatically called if on a Call Observation Date both stocks are at or above 100% of Initial Value, returning $1,000 plus any due interest, with no further payments. If not called and on the Final Valuation Date either stock is below its 70% Barrier Value, repayment of principal is reduced one-for-one with the decline of the worst-performing stock, and investors can lose up to their entire investment. The Notes are not listed, are subject to TD’s credit risk, and had an estimated value on the pricing date of $976.60 per $1,000 Note versus a $1,000 public offering price, on a total initial offering size of $650,000.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The Notes pay monthly contingent interest at a per annum rate of at least approximately 11.45% if on each observation date all three indices are at or above 70% of their Initial Values; otherwise no interest is paid for that period.

TD may, at its discretion, call the Notes in whole on any monthly call date starting with the third interest payment date, returning the $1,000 principal per Note plus any due interest, with no further payments. If the Notes are not called and on the final valuation date any index is below 55% of its Initial Value, repayment of principal is reduced 1% for each 1% decline of the worst-performing index, and investors may lose their entire investment. The estimated initial value is expected to be between $940.00 and $975.00 per $1,000 Note, the Notes will not be listed, and all payments are subject to TD’s credit risk.

The Toronto-Dominion Bank is offering Callable Contingent Interest Barrier Notes linked to the worst performer of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, in an initial aggregate principal amount of $1,000,000. The Notes pay a contingent interest rate of approximately 13.00% per annum, credited monthly only if on each observation date all three indices are at or above their contingent interest barrier, set at 70.00% of their Initial Values. TD can, at its discretion, call the Notes monthly starting with the sixth interest payment date, returning principal plus any due interest and ending all further payments.

If the Notes are not called and on the final valuation date any index finishes below its 70.00% barrier, repayment of principal is reduced one-for-one with the decline of the worst-performing index, and holders can lose up to their entire investment. The Notes are unsecured senior debt of TD, are not insured by any government agency, will not be listed on an exchange, and their estimated value at pricing of $977.70 per $1,000 Note is below the public offering price due to selling, structuring and hedging costs.

The Toronto-Dominion Bank is offering unsecured Callable Contingent Interest Barrier Notes with Memory Interest linked to the SPDR S&P 500 ETF Trust (SPY). Each Note has a $1,000 principal amount and pays a 6.00% per annum contingent interest, evaluated quarterly, but only when SPY’s closing value is at or above a barrier set at 60.00% of the initial value ($659.03), or $395.418. Missed interest can be paid later if a future observation is at or above the barrier.

TD can, at its discretion, call the Notes in whole on any quarterly call date, returning $1,000 per Note plus any due and unpaid contingent interest; no further payments are made after a call. If the Notes are not called and SPY’s final value is below the barrier at maturity in November 2028, principal is reduced 1% for every 1% SPY has fallen from its initial value, up to a total loss. The estimated value on the pricing date is expected to be $940–$975 per Note, below the $1,000 public offering price, and any payment depends on TD’s credit.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the worst performer of Home Depot (HD) and NVIDIA (NVDA). The Notes target a contingent interest rate of approximately 24.70% per year, paid monthly only when the closing value of each stock is at or above its barrier set at 70% of its initial value. The Notes are automatically called if, on a call observation date, each stock is at or above 100% of its initial value, in which case investors receive the $1,000 principal plus any due interest and the Notes terminate.

If the Notes are not called and, on the final valuation date, any stock finishes below its 70% barrier, repayment of principal is reduced one-for-one with the decline of the worst-performing stock and investors can lose up to their entire investment. The Notes are unsecured obligations of TD, not insured by any government agency, not listed on an exchange, and their estimated value on the pricing date is expected to be between $945 and $980 per $1,000 Note, below the public offering price.

The Toronto-Dominion Bank is offering unsecured senior Callable Contingent Interest Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices. The Notes pay a contingent interest rate of 13.35% per annum, but interest is only paid for months when the closing value of each index is at least 80% of its initial level. If any index is below its barrier on an observation date, no interest is paid for that period.

TD may, at its discretion, call the Notes in whole on monthly dates starting with the sixth interest payment date, returning principal plus any interest then due, with no further payments afterward. If the Notes are not called, principal repayment at maturity in November 2028 depends on the worst-performing index. If the final value of any index is below 80% of its initial level, repayment is reduced one-for-one with that decline and investors can lose up to their entire principal. The estimated initial value is expected to be between $940 and $975 per $1,000 Note, reflecting structuring and hedging costs, and the Notes will not be listed on any exchange.

The Toronto-Dominion Bank is offering senior unsecured Autocallable Contingent Interest Barrier Notes linked to the S&P 500® Index. The Notes pay a contingent coupon at a rate of 7.20% per annum, but only for months when the index closes at or above a barrier set at 60.00% of the Initial Value on the relevant observation date. If the index is below that level on an observation date, no interest is paid for that period.

The Notes can be automatically called quarterly if the index is at or above 100.00% of the Initial Value, in which case investors receive their $1,000 principal per Note plus any due interest, and the product terminates early. If the Notes are not called and the index finishes below the 60% barrier at maturity in November 2030, repayment of principal is reduced 1-for-1 with the index loss, up to a total loss of the investment. The estimated initial value is expected between $955.00 and $990.00 per $1,000 Note, they are not insured, will not be listed, carry TD credit risk, and involve complex U.S. and Canadian tax treatment.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. Each Note has a $1,000 principal amount, a scheduled maturity on December 1, 2027, and may pay contingent monthly interest at a per annum rate of at least approximately 11.60%, to be set on the pricing date.

Contingent interest is paid only if, on each monthly observation date, the closing value of each index is at or above 75% of its initial level. If any index is below this barrier on an observation date, no interest is paid for that month. TD may, at its discretion, call the Notes in whole on any monthly call date starting with the sixth interest payment date, returning the $1,000 principal plus any due interest.

If the Notes are not called, principal repayment at maturity depends on index performance. Full principal is repaid only if the final value of each index is at or above 70% of its initial level. If any index finishes below 70%, repayment is reduced 1% for each 1% decline of the worst-performing index, down to a possible total loss. The estimated value on the pricing date is expected to be between $940 and $975 per Note.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. Each Note has a $1,000 principal amount, a term to December 2, 2030, and pays a contingent coupon at an annual rate of at least approximately 7.90% only if, on each monthly observation date, all three indices are at or above 75% of their initial levels.

TD can, at its discretion, call the Notes in whole on any monthly call date starting with the 12th interest payment date, returning the $1,000 principal plus any due interest, after which no further payments are made. If the Notes are not called and, on the final valuation date, any index is below 60% of its initial level, the maturity payment is reduced one-for-one with the decline of the worst-performing index, and investors can lose up to their entire principal. The Notes are not listed, are subject to TD’s credit risk, and their estimated initial value is expected to be between $900.00 and $935.00 per $1,000 Note, below the public offering price.

The Toronto-Dominion Bank is offering $10,073,000 of Contingent Income Auto-Callable Securities due November 17, 2028, linked to the worst-performing of Apple, Amazon.com and Microsoft common stock. Each security has a $1,000 stated principal amount and can pay a $30.05 contingent quarterly coupon (equivalent to 12.02% per annum) whenever the closing price of each stock on a determination date is at least 60% of its initial share price.

If on any non-final determination date all three stocks close at or above 100% of their initial share prices, the notes are automatically redeemed for $1,000 plus the coupon, and no further payments are made. If the notes are not redeemed and, at maturity, all final share prices are at or above their respective downside threshold prices (60% of initial), investors receive $1,000 plus the final coupon.

If, however, at maturity any stock finishes below its downside threshold, the repayment is reduced on a 1‑for‑1 basis with the decline of the worst-performing stock, and the payment can be significantly less than $600 and as low as $0. Investors forgo all dividends on the stocks and are exposed to the full credit risk of TD. The estimated value on the pricing date is $938.40 per $1,000 security, below the issue price.

The Toronto-Dominion Bank is issuing senior unsecured Autocallable Contingent Interest Barrier Notes linked to Generac Holdings Inc. common stock. Each Note has a $1,000 principal amount and offers a 16.84% per annum contingent interest rate, paid quarterly only when Generac’s closing price is at or above the Contingent Interest Barrier Value of $105.847, which is 70% of the $151.21 Initial Value. A “memory” feature can pay previously missed interest if the barrier is later met.

The Notes are automatically called if Generac is at or above the $151.21 Call Threshold Value (100% of the Initial Value) on any call observation date, in which case investors receive principal plus due and unpaid contingent interest and no further payments. If not called and the Final Value on May 14, 2027 is at or above the 70% Barrier Value, investors receive full principal; if it is below, repayment is reduced 1-for-1 with Generac’s decline and investors can lose up to their entire principal. The Notes are not listed, are subject to TD’s credit risk, and had an estimated value of $953.40 per Note versus a $1,000 public offering price.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and S&P 500 Index. Each Note has a $1,000 principal amount and a scheduled maturity on August 19, 2030, unless TD calls the Notes early on monthly Call Payment Dates starting with the third Contingent Interest Payment Date.

The Notes pay contingent interest at 9.00% per annum, credited monthly only if on the relevant observation date each index is at or above its Contingent Interest Barrier Value set at 70.00% of its initial level. If TD calls the Notes, holders receive $1,000 plus any due interest and no further payments.

If the Notes are not called and on the Final Valuation Date any index closes below its Barrier Value (also 70.00% of its initial level), repayment of principal is reduced 1% for each 1% decline in the least performing index, down to possible total loss. The estimated value at pricing was $969.40 per $1,000 Note versus a public offering price of $1,000, and the total initial offering size is $2,940,000. The Notes are not principal protected, are not insured, will not be listed, and payments depend on TD’s credit.

The Toronto-Dominion Bank is offering senior unsecured Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, with a total initial offering of $212,000 (at $1,000 per Note). The Notes pay a contingent interest coupon at approximately 10.90% per annum, but only if on each monthly observation date all three indices are at or above 75% of their Initial Values; otherwise no interest is paid for that period.

TD can redeem the Notes in whole on monthly call dates starting with the sixth interest payment, returning principal plus any due coupon, after which no further payments are made. If the Notes are not called, at maturity in November 2027 investors receive full principal only if each index is at or above 70% of its Initial Value; if any index is below this barrier, the payoff is reduced one-for-one with the worst index’s percentage decline, up to a total loss of principal. The estimated initial value is $974 per $1,000 Note, the Notes are not listed, and all payments are subject to TD’s credit risk and complex U.S./Canadian tax treatment.