[FWP] Toronto Dominion Bank Free Writing Prospectus
Toronto Dominion Bank has filed a Free Writing Prospectus for Accelerated Return Notes (ARNs) linked to the SPDR EURO STOXX 50 ETF. The offering features:
- Principal Amount: $10.00 per unit with approximately 14-month term
- Key Features: 300% upside participation rate (capped at $11.65-$12.05), 1:1 downside exposure
- Maximum Return: 16.50% to 20.50% over principal amount
- Risk Factors: No principal protection, credit risk exposure to TD, limited returns due to cap, currency exchange risks
The notes provide leveraged exposure to the European equity market through the FEZ ETF, with potential for significant losses. Notable risks include market risk, issuer credit risk, and limited upside potential due to the capped structure. The notes will not be listed on any exchange, potentially limiting liquidity.
Toronto Dominion Bank ha presentato un Free Writing Prospectus per le Accelerated Return Notes (ARNs) collegate all'ETF SPDR EURO STOXX 50. L'offerta include:
- Importo Principale: 10,00 $ per unità con una durata di circa 14 mesi
- Caratteristiche Principali: tasso di partecipazione al rialzo del 300% (con un limite tra 11,65 $ e 12,05 $), esposizione al ribasso 1:1
- Rendimento Massimo: dal 16,50% al 20,50% sull'importo principale
- Fattori di Rischio: nessuna protezione del capitale, rischio di credito verso TD, rendimenti limitati a causa del cap, rischi legati al cambio valuta
Le note offrono un'esposizione leva al mercato azionario europeo attraverso l'ETF FEZ, con potenziale di perdite significative. I rischi principali comprendono il rischio di mercato, il rischio di credito dell'emittente e il potenziale di guadagno limitato a causa della struttura con cap. Le note non saranno quotate su alcun mercato, limitando potenzialmente la liquidità.
Toronto Dominion Bank ha presentado un Free Writing Prospectus para Notas de Retorno Acelerado (ARNs) vinculadas al ETF SPDR EURO STOXX 50. La oferta presenta:
- Cantidad Principal: 10,00 $ por unidad con un plazo aproximado de 14 meses
- Características Clave: tasa de participación al alza del 300% (con límite entre 11,65 $ y 12,05 $), exposición a la baja 1:1
- Retorno Máximo: del 16,50% al 20,50% sobre la cantidad principal
- Factores de Riesgo: sin protección del capital, riesgo crediticio hacia TD, retornos limitados debido al límite, riesgos cambiarios
Las notas proporcionan exposición apalancada al mercado de acciones europeo a través del ETF FEZ, con potencial de pérdidas significativas. Los riesgos notables incluyen riesgo de mercado, riesgo crediticio del emisor y potencial de ganancia limitado debido a la estructura con límite. Las notas no estarán listadas en ninguna bolsa, lo que podría limitar la liquidez.
토론토 도미니언 은행이 SPDR EURO STOXX 50 ETF에 연계된 가속 수익 노트(ARNs)에 대한 Free Writing Prospectus를 제출했습니다. 제공 내용은 다음과 같습니다:
- 원금 금액: 단위당 10.00달러, 약 14개월 만기
- 주요 특징: 300% 상승 참여율(상한가 11.65~12.05달러), 하락 노출 1:1
- 최대 수익률: 원금 대비 16.50%~20.50%
- 위험 요소: 원금 보호 없음, TD 신용 위험, 상한으로 인한 제한된 수익, 환율 변동 위험
이 노트는 FEZ ETF를 통해 유럽 주식 시장에 레버리지 노출을 제공하며, 상당한 손실 가능성이 있습니다. 주요 위험으로는 시장 위험, 발행자 신용 위험, 상한 구조로 인한 제한된 상승 잠재력이 있습니다. 노트는 어떤 거래소에도 상장되지 않아 유동성이 제한될 수 있습니다.
Toronto Dominion Bank a déposé un Free Writing Prospectus pour des Notes à Rendement Accéléré (ARNs) liées à l'ETF SPDR EURO STOXX 50. L'offre comprend :
- Montant Principal : 10,00 $ par unité avec une durée d'environ 14 mois
- Caractéristiques Clés : taux de participation à la hausse de 300% (plafonné entre 11,65 $ et 12,05 $), exposition à la baisse 1:1
- Retour Maximum : de 16,50% à 20,50% au-dessus du montant principal
- Facteurs de Risque : pas de protection du capital, risque de crédit lié à TD, rendements limités en raison du plafond, risques de change
Les notes offrent une exposition à effet de levier au marché actions européen via l'ETF FEZ, avec un potentiel de pertes importantes. Les risques notables incluent le risque de marché, le risque de crédit de l'émetteur et un potentiel de gain limité en raison de la structure plafonnée. Les notes ne seront pas cotées sur une bourse, ce qui pourrait limiter leur liquidité.
Toronto Dominion Bank hat ein Free Writing Prospectus für Accelerated Return Notes (ARNs) veröffentlicht, die an den SPDR EURO STOXX 50 ETF gekoppelt sind. Das Angebot umfasst:
- Nominalbetrag: 10,00 $ pro Einheit mit einer Laufzeit von etwa 14 Monaten
- Hauptmerkmale: 300% Upside-Teilnahmerate (gedeckelt bei 11,65 $ bis 12,05 $), 1:1 Downside-Exposition
- Maximale Rendite: 16,50% bis 20,50% über dem Nominalbetrag
- Risikofaktoren: Kein Kapitalschutz, Kreditrisiko gegenüber TD, begrenzte Renditen durch Cap, Währungsrisiken
Die Notes bieten eine gehebelte Beteiligung am europäischen Aktienmarkt über den FEZ ETF, mit Potenzial für erhebliche Verluste. Wesentliche Risiken sind Marktrisiko, Emittenten-Kreditrisiko und begrenztes Aufwärtspotenzial aufgrund der Cap-Struktur. Die Notes werden nicht an einer Börse gehandelt, was die Liquidität einschränken kann.
- Enhanced upside potential with 300% participation rate on EURO STOXX 50 ETF gains up to the cap
- Limited maximum upside potential of 16.50-20.50% return over 14-month term provides defined yield opportunity
- Principal-protected structure on the upside with 1:3 leverage ratio offers amplified returns in bullish scenarios
- Full downside exposure with potential 100% principal loss if ETF declines
- Upside capped at $11.65-$12.05 per unit limits profit potential in strong bull markets
- No interest payments or dividends during the 14-month term
- Credit risk exposure to Toronto-Dominion Bank could impact note value
- Initial estimated value will be less than the public offering price indicating embedded costs
Toronto Dominion Bank ha presentato un Free Writing Prospectus per le Accelerated Return Notes (ARNs) collegate all'ETF SPDR EURO STOXX 50. L'offerta include:
- Importo Principale: 10,00 $ per unità con una durata di circa 14 mesi
- Caratteristiche Principali: tasso di partecipazione al rialzo del 300% (con un limite tra 11,65 $ e 12,05 $), esposizione al ribasso 1:1
- Rendimento Massimo: dal 16,50% al 20,50% sull'importo principale
- Fattori di Rischio: nessuna protezione del capitale, rischio di credito verso TD, rendimenti limitati a causa del cap, rischi legati al cambio valuta
Le note offrono un'esposizione leva al mercato azionario europeo attraverso l'ETF FEZ, con potenziale di perdite significative. I rischi principali comprendono il rischio di mercato, il rischio di credito dell'emittente e il potenziale di guadagno limitato a causa della struttura con cap. Le note non saranno quotate su alcun mercato, limitando potenzialmente la liquidità.
Toronto Dominion Bank ha presentado un Free Writing Prospectus para Notas de Retorno Acelerado (ARNs) vinculadas al ETF SPDR EURO STOXX 50. La oferta presenta:
- Cantidad Principal: 10,00 $ por unidad con un plazo aproximado de 14 meses
- Características Clave: tasa de participación al alza del 300% (con límite entre 11,65 $ y 12,05 $), exposición a la baja 1:1
- Retorno Máximo: del 16,50% al 20,50% sobre la cantidad principal
- Factores de Riesgo: sin protección del capital, riesgo crediticio hacia TD, retornos limitados debido al límite, riesgos cambiarios
Las notas proporcionan exposición apalancada al mercado de acciones europeo a través del ETF FEZ, con potencial de pérdidas significativas. Los riesgos notables incluyen riesgo de mercado, riesgo crediticio del emisor y potencial de ganancia limitado debido a la estructura con límite. Las notas no estarán listadas en ninguna bolsa, lo que podría limitar la liquidez.
토론토 도미니언 은행이 SPDR EURO STOXX 50 ETF에 연계된 가속 수익 노트(ARNs)에 대한 Free Writing Prospectus를 제출했습니다. 제공 내용은 다음과 같습니다:
- 원금 금액: 단위당 10.00달러, 약 14개월 만기
- 주요 특징: 300% 상승 참여율(상한가 11.65~12.05달러), 하락 노출 1:1
- 최대 수익률: 원금 대비 16.50%~20.50%
- 위험 요소: 원금 보호 없음, TD 신용 위험, 상한으로 인한 제한된 수익, 환율 변동 위험
이 노트는 FEZ ETF를 통해 유럽 주식 시장에 레버리지 노출을 제공하며, 상당한 손실 가능성이 있습니다. 주요 위험으로는 시장 위험, 발행자 신용 위험, 상한 구조로 인한 제한된 상승 잠재력이 있습니다. 노트는 어떤 거래소에도 상장되지 않아 유동성이 제한될 수 있습니다.
Toronto Dominion Bank a déposé un Free Writing Prospectus pour des Notes à Rendement Accéléré (ARNs) liées à l'ETF SPDR EURO STOXX 50. L'offre comprend :
- Montant Principal : 10,00 $ par unité avec une durée d'environ 14 mois
- Caractéristiques Clés : taux de participation à la hausse de 300% (plafonné entre 11,65 $ et 12,05 $), exposition à la baisse 1:1
- Retour Maximum : de 16,50% à 20,50% au-dessus du montant principal
- Facteurs de Risque : pas de protection du capital, risque de crédit lié à TD, rendements limités en raison du plafond, risques de change
Les notes offrent une exposition à effet de levier au marché actions européen via l'ETF FEZ, avec un potentiel de pertes importantes. Les risques notables incluent le risque de marché, le risque de crédit de l'émetteur et un potentiel de gain limité en raison de la structure plafonnée. Les notes ne seront pas cotées sur une bourse, ce qui pourrait limiter leur liquidité.
Toronto Dominion Bank hat ein Free Writing Prospectus für Accelerated Return Notes (ARNs) veröffentlicht, die an den SPDR EURO STOXX 50 ETF gekoppelt sind. Das Angebot umfasst:
- Nominalbetrag: 10,00 $ pro Einheit mit einer Laufzeit von etwa 14 Monaten
- Hauptmerkmale: 300% Upside-Teilnahmerate (gedeckelt bei 11,65 $ bis 12,05 $), 1:1 Downside-Exposition
- Maximale Rendite: 16,50% bis 20,50% über dem Nominalbetrag
- Risikofaktoren: Kein Kapitalschutz, Kreditrisiko gegenüber TD, begrenzte Renditen durch Cap, Währungsrisiken
Die Notes bieten eine gehebelte Beteiligung am europäischen Aktienmarkt über den FEZ ETF, mit Potenzial für erhebliche Verluste. Wesentliche Risiken sind Marktrisiko, Emittenten-Kreditrisiko und begrenztes Aufwärtspotenzial aufgrund der Cap-Struktur. Die Notes werden nicht an einer Börse gehandelt, was die Liquidität einschränken kann.
Registration Statement No. 333-283969
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ACCELERATED RETURN NOTES® (ARNs®)
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ARNs® Linked to the SPDR® EURO STOXX 50® ETF
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Issuer
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The Toronto-Dominion Bank (“TD”)
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Principal Amount
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$10.00 per unit
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Term
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Approximately fourteen months
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Market Measure
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The SPDR® EURO STOXX 50® ETF (Bloomberg symbol: “FEZ”)
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Payout Profile at Maturity
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• 3-to-1 upside
exposure to increases in the Market Measure, subject to the Capped Value
• 1-to-1 downside
exposure to decreases in the Market Measure, with up to 100.00% of your principal at risk
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Participation Rate
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300.00%
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Capped Value
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[$11.65 to $12.05] per unit, a [16.50% to 20.50%] return over the principal amount, to be determined on the pricing date
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Interest Payments
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None
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Preliminary Offering Documents
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http://www.sec.gov/Archives/edgar/data/947263/000114036125023484/ef20050828_424b2.htm
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Exchange Listing
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No
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Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.
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Payments on the notes are subject to the credit risk of TD, and actual or perceived changes in the creditworthiness of TD are expected to affect the value of the notes. If TD becomes unable to meet its
financial obligations as they become due, you may lose some or all of your investment.
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Your investment return is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the Market Measure or the securities held by the Market Measure.
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| • |
The initial estimated value of the notes on the pricing date will be less than their public offering price.
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| • |
The initial estimated value of your notes is not a prediction of the prices at which you may sell your notes in the secondary market, if any exists, and such secondary market prices, if any, will likely
be less than the public offering price of your notes, may be less than the initial estimated value of your notes and could result in a substantial loss to you.
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You will have no rights of a holder of the Market Measure or the securities held by the Market Measure, and you will not be entitled to receive any shares of the Market Measure or the securities held by
the Market Measure, or any dividends or other distributions in respect of the Market Measure or the securities held by the Market Measure.
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There are liquidity and management risks associated with the Market Measure.
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The performance of the Market Measure may not correlate with the performance of its underlying index as well as the net asset value per share of the Market Measure, especially during periods of market
volatility when the liquidity and the market price of the shares of the Market Measure and/or the securities held by the Market Measure may be adversely affected, sometimes materially.
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Payments on the notes will not be adjusted for all corporate events that could affect the Market Measure.
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The notes are subject to risks associated with foreign securities markets.
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The notes are subject to foreign currency exchange rate risk.
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Hypothetical
Percentage Change
from the Starting
Value to the Ending
Value
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Hypothetical
Redemption
Amount per Unit
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Hypothetical Total
Rate of Return on
the Notes
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-100.00%
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$0.00
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-100.00%
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-75.00%
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$2.50
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-75.00%
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-50.00%
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$5.00
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-50.00%
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-40.00%
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$6.00
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-40.00%
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-30.00%
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$7.00
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-30.00%
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-20.00%
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$8.00
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-20.00%
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-10.00%
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$9.00
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-10.00%
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-5.00%
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$9.50
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-5.00%
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0.00%
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$10.00
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0.00%
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2.00%
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$10.60
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6.00%
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4.00%
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$11.20
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12.00%
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6.00%
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$11.80
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18.00%
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6.17%
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$11.85(1)
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18.50%
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10.00%
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$11.85
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18.50%
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20.00%
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$11.85
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18.50%
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30.00%
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$11.85
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18.50%
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40.00%
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$11.85
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18.50%
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50.00%
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$11.85
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18.50%
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(1)
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The Redemption Amount per unit cannot exceed the hypothetical Capped Value.
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FAQ
What are TD's Accelerated Return Notes (ARNs) linked to SPDR EURO STOXX 50 ETF offering in June 2025?
What is the maximum return potential for TD's EURO STOXX 50 ARNs?
What are the key risks of investing in TD's ARNs linked to EURO STOXX 50 ETF?
How does the payoff structure work for TD's EURO STOXX 50 linked ARNs?
