Every 424B that Toronto Dominion Bank (TD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow TD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TD filings page.
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.
The Toronto-Dominion Bank is offering senior unsecured 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. The Notes pay a contingent coupon at approximately 9.55% per annum, but only for months when each index closes at or above 70% of its initial level. If any index is below its barrier on an observation date, no interest is paid for that month.
TD can redeem the Notes in whole on monthly call dates starting with 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, investors receive full principal at maturity only if each index finishes at or above 70% of its initial value; otherwise, 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 unsecured, not insured by any government agency, have an estimated initial value of $949 per $1,000 and are not listed on any exchange.
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 and targets a contingent interest rate of approximately 8.80% per annum, paid monthly only if, on each observation date, all three indices are at or above 75% of their Initial Values.
TD can, at its discretion, call the Notes in whole on monthly call dates starting with the sixth interest payment date, returning the $1,000 principal plus any due interest; no further payments are made after a call. If the Notes are not called, repayment at maturity in 2027 depends on the final level of the least performing index relative to its 70% barrier. If any index finishes below its barrier, investors lose 1% of principal for each 1% decline in that index and can lose their entire investment.
The Notes are not insured, are unsecured obligations of TD, will not be listed, and have an estimated value on the pricing date of $956.10 per $1,000 Note, below the public offering price. The total initial offering is $324,000, with underwriting discounts of $22.50 per Note.
The Toronto-Dominion Bank is offering $4,207,000 of Callable Contingent Interest Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The Notes pay a contingent interest rate of approximately 9.50% per annum, but only for months when each index stays at or above 70% 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 at its discretion monthly starting on the sixth 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 in 2029, any index has fallen below 60% of its initial level, investors lose 1% of principal for each 1% decline in the worst-performing index and could lose their entire investment. The Notes are unsecured, not insured by any government agency, will not be listed on an exchange, and had an estimated value of $971.80 per $1,000 Note at pricing, below the public offering price.
The Toronto-Dominion Bank is offering unsecured Senior Debt Securities, Series H, linked to the Nasdaq-100 Index®. Each Note has a $1,000 principal amount, a term of about 54 weeks, and no periodic interest.
At maturity, if the index is at or above its Initial Level of 25,008.24, investors receive principal plus the index gain, capped at a Maximum Upside Return of 10.70% (or $1,107 per Note). If the index is below the Initial Level but at or above the 15.00% Buffer Level, investors earn a positive “contingent absolute return” equal to the decline, up to 15.00%.
If the index finishes below the Buffer Level, principal is reduced using a Downside Leverage Factor of approximately 1.1765, so losses accelerate and investors can lose all of their investment. The Notes are not insured, will not be listed on an exchange, and their value depends on TD’s credit risk. The estimated value at pricing was $986.00 per Note, below the $1,000 public offering price.
The Toronto-Dominion Bank is offering senior unsecured notes whose payoff depends on an unequally weighted equity index basket instead of paying interest. The basket includes the EURO STOXX 50® (38%), TOPIX (26%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%).
At maturity, for each $1,000 note, if the basket is flat or higher, holders receive the greater of a threshold settlement amount, expected between $1,168.80 and $1,198.50, or $1,000 plus the basket’s percentage gain. If the basket is down by up to 10%, investors receive $1,000. If it falls more than 10%, holders lose about 1.1111% of principal for every 1% drop below the 90% buffer, and can lose their entire investment.
The notes are not insured, will not be listed on an exchange, and all payments depend on TD’s credit. The initial estimated value is expected to be between $961.20 and $991.20 per $1,000, below the public offering price due to fees, hedging and TD’s internal funding rate.