<SEC-DOCUMENT>0001140361-24-037355.txt : 20240814
<SEC-HEADER>0001140361-24-037355.hdr.sgml : 20240814
<ACCEPTANCE-DATETIME>20240814170119
ACCESSION NUMBER: 0001140361-24-037355
CONFORMED SUBMISSION TYPE: FWP
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20240814
DATE AS OF CHANGE: 20240814
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: TORONTO DOMINION BANK
CENTRAL INDEX KEY: 0000947263
STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 135640479
STATE OF INCORPORATION: A6
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: FWP
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-262557
FILM NUMBER: 241209294
BUSINESS ADDRESS:
STREET 1: 66 WELLINGTON STREET WEST
STREET 2: 12TH FLOOR, TD TOWER
CITY: TORONTO, ONTARIO
STATE: A6
ZIP: M5K 1A2
BUSINESS PHONE: 416-944-6367
MAIL ADDRESS:
STREET 1: 66 WELLINGTON STREET WEST
STREET 2: 12TH FLOOR, TD TOWER
CITY: TORONTO, ONTARIO
STATE: A6
ZIP: M5K 1A2
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: TORONTO DOMINION BANK
CENTRAL INDEX KEY: 0000947263
STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 135640479
STATE OF INCORPORATION: A6
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: FWP
BUSINESS ADDRESS:
STREET 1: 66 WELLINGTON STREET WEST
STREET 2: 12TH FLOOR, TD TOWER
CITY: TORONTO, ONTARIO
STATE: A6
ZIP: M5K 1A2
BUSINESS PHONE: 416-944-6367
MAIL ADDRESS:
STREET 1: 66 WELLINGTON STREET WEST
STREET 2: 12TH FLOOR, TD TOWER
CITY: TORONTO, ONTARIO
STATE: A6
ZIP: M5K 1A2
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>ef20034156_fwp.htm
<DESCRIPTION>GUIDEBOOK
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<div style="text-align: right; font-weight: bold;">Filed Pursuant to Rule 433</div>
<div style="text-align: right; font-weight: bold;">Registration Statement No. 333-262557</div>
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<div style="color: rgb(1, 33, 105); font-size: 14pt;">AUTOCALLABLE STRATEGIC ACCELERATED REDEMPTION SECURITIES<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">®</sup></div>
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<div style="color: rgb(1, 33, 105); font-size: 10pt;">Autocallable Strategic Accelerated Redemption Securities<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">®</sup> Linked to the Russell 2000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">®</sup> Index</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Issuer</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">The Toronto-Dominion Bank (“TD”)</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Principal Amount</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">$10.00 per unit</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Term</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">Approximately five years, if not called earlier</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Market Measure</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">The Russell 2000<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">®</sup> Index (Bloomberg symbol: “RTY”)</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Automatic Call</div>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">The notes will be called automatically if the Observation Level of the Market Measure on any of the Observation Dates is equal to or greater than the Call Level</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Observation Level</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">The closing level of the Market Measure on any Observation Date</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Observation Dates</div>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">Approximately one, two, three, four and five years from the pricing date</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Call Level</div>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">100.00% of the Starting Value</div>
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<td style="width: 16%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Call Amounts</div>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">[$10.725 to $10.825] if called on the first Observation Date, [$11.450 to $11.650] if called on the second Observation Date, [$12.175 to $12.475] if called on the
third Observation Date, [$12.900 to $13.300] if called on the fourth Observation Date and [$13.625 to $14.125] if called on the final Observation Date</div>
<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">, each to be determined on the pricing date</div>
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<td style="width: 16%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Payout Profile at Maturity</div>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">If the notes are not called, 1-to-1 downside exposure to decreases in the Market Measure beyond a 15.00% decline, with up to 85.00% of your principal amount at risk</div>
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<td style="width: 16%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Threshold Value</div>
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<td style="width: 1%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255); border-left: 1px solid rgb(255, 255, 255);" colspan="1"><br>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">85.00% of the Starting Value</div>
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<td style="width: 1%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);" colspan="1"> </td>
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<td style="width: 16%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Investment Considerations</div>
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<div style="text-align: justify; color: rgb(0, 0, 0); font-size: 7.5pt;">This investment is designed for investors who anticipate that the Observation Level of the Market Measure on at least one of the Observation Dates will be equal to or
greater than the Call Level and, in that case, are willing to have their notes called. This investment is also designed for investors who are willing to accept that their return on their investment will be capped at the applicable Call
Premium, take downside risk below a threshold and forgo interim interest payments.</div>
</td>
<td style="width: 1%; vertical-align: middle; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);" colspan="1"> </td>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Preliminary Offering </div>
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Documents</div>
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<td style="width: 1%; vertical-align: middle; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255); border-left: 1px solid rgb(255, 255, 255);" colspan="1"><br>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;"><a href="https://www.sec.gov/Archives/edgar/data/947263/000114036124037285/ef20034089_fwp.htm">http://www.sec.gov/Archives/edgar/data/947263/000114036124037285/ef20034089_fwp.htm</a><br>
</div>
</td>
<td style="width: 1%; vertical-align: middle; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);" colspan="1"> </td>
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<td style="width: 1%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255); border-left: 1px solid rgb(255, 255, 255);" colspan="1"><br>
</td>
<td style="width: 16%; vertical-align: top; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;">Exchange Listing</div>
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<td style="width: 1%; vertical-align: middle; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255); border-left: 1px solid rgb(255, 255, 255);" colspan="1"><br>
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<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">No</div>
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<td style="width: 1%; vertical-align: middle; background-color: rgb(242, 242, 242); border-top: 1px solid rgb(255, 255, 255); border-right: 1px solid rgb(255, 255, 255); border-bottom: 1px solid rgb(255, 255, 255);" colspan="1"> </td>
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<div>
<div style="text-align: justify; margin-top: 2pt; color: rgb(0, 0, 0); font-size: 7.5pt; font-style: italic; font-weight: bold;">You should read the relevant Preliminary Offering Documents before you invest. Click on the Preliminary Offering
Documents hyperlink above or call your Financial Advisor for a hard copy.</div>
<div style="text-align: justify; margin-top: 2pt; color: rgb(0, 0, 0); font-size: 7.5pt; font-weight: bold;"><u>Risk Factors</u></div>
<div style="text-align: justify; margin-top: 2pt; color: rgb(0, 0, 0); font-size: 7.5pt;">Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:</div>
<table cellspacing="0" cellpadding="0" id="z2a237facab8f4a458e4c1cffb40d1e6c" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; color: #000000; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="font-size: 7.5pt;"><font style="color: rgb(0, 0, 0);">If your notes are not called, </font>depending on the performance of the Index as measured shortly before the maturity date, your investment may<font style="color: rgb(0, 0, 0);"> result in a loss; there is no guaranteed return of principal.</font></div>
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<table cellspacing="0" cellpadding="0" id="zbe56b5534ac64c0a820fd95b1a2925e0" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; color: #000000; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">Payments on the notes are subject to our credit risk, and actual or perceived changes in our creditworthiness are expected to affect the value of the notes. If we become insolvent or are
unable to pay our obligations, you may lose your entire investment.</div>
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<table cellspacing="0" cellpadding="0" id="z6ff070c9fd6f4d99a0f016de7bbca740" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; color: #000000; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">The initial estimated value of the notes on the pricing date will be less than their public offering price.</div>
</td>
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<table cellspacing="0" cellpadding="0" id="z895cc1f9e742414a925e8191d81c3814" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; color: #000000; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.</div>
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<table cellspacing="0" cellpadding="0" id="za9ac7d1f891d472f96e638eb802e462d" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; color: #000000; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="color: rgb(0, 0, 0); font-size: 7.5pt;">If called, your return on the notes is limited to the applicable Call Premium.</div>
</td>
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<table cellspacing="0" cellpadding="0" id="z5b33dab7a89743dcaa6132545d2d6baf" class="DSPFListTable" style="font-family: Arial; font-size: 9pt; width: 100%; text-align: left; color: #000000;">
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<td style="width: 18pt; vertical-align: top; font-size: 7.5pt;">•</td>
<td style="width: auto; vertical-align: top; text-align: justify;">
<div style="font-size: 7.5pt;"><font style="color: rgb(0, 0, 0);">You will have no </font>rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other
distributions by the issuers of those securities.</div>
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<div>
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<div style="text-align: left;"><font style="font-size: 7.5pt;">•</font></div>
</td>
<td style="text-align: left; vertical-align: top; width: auto;">
<div><font style="font-size: 7.5pt;">The notes are subject to risks associated with small-size capitalization companies.</font></div>
</td>
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<div>
<div style="text-align: justify; margin-top: 2pt; font-size: 7.5pt; font-style: italic;"><font style="color: rgb(0, 0, 0);">Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please
see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.</font></div>
<div style="text-align: justify; margin-top: 2pt; font-size: 7.5pt; font-style: italic;"> <font style="color: rgb(0, 0, 0);"><br>
</font></div>
<div style="text-align: justify; margin-top: 2pt; font-size: 7.5pt; font-style: italic;"><font style="color: rgb(0, 0, 0);"> </font>
<div><font style="color: rgb(0, 0, 0);"> </font>
<div><font style="color: rgb(0, 0, 0);"> </font>
<div><font style="color: rgb(0, 0, 0);"> </font>
<div style="clear: both;"><font style="color: rgb(0, 0, 0);"> </font>
<div style="color: rgb(0, 0, 0);"> TD has filed a registration statement (including a product supplement and a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this term sheet
relates. Before you invest, you should read the Note Prospectus, including this term sheet, and the other documents that TD has filed with the SEC, for more complete information about TD and this offering. You may get these
documents without cost by visiting EDGAR on the SEC website at <u>www.sec.gov</u>. Alternatively, TD, any agent, or any dealer participating in this offering will arrange to send you these documents if you so request by calling
MLPF&S or BofAS toll-free at 1-800-294-1322.</div>
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