/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED
STATES/
TORONTO, July 5, 2024
/CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) today
announced that it intends to issue a S$60
million second tranche of its Fixed Rate Reset Perpetual
Subordinated Additional Tier 1 Capital Notes, Series
2023-9 Non-Viability Contingent Capital (NVCC) (the "AT1
Perpetual Notes"). The second tranche will carry the same terms and
conditions as the original issue announced on July 2, 2024, including the expected closing date
of July 10, 2024.
OCBC and TD Securities are the joint book-running managers on
the second tranche issue.
The AT1 Perpetual Notes have not been, and will not be,
registered in the United States under the United States
Securities Act of 1933, as amended (the "Securities Act"), or
the securities laws of any state of the United States and
may not be offered, sold or delivered, directly or indirectly
in the United States or to, or for the account or benefit
of, a "U.S. person" (as defined in Regulation S under the
Securities Act) absent registration under the Securities Act or an
applicable exemption from such registration requirements. This
press release does not constitute an offer to sell or a
solicitation to buy securities in the United States or in
any other jurisdiction where such offer or solicitation would be
unlawful.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank"). TD is the sixth
largest bank in North America by assets and serves over
27.5 million customers in four key businesses operating in a number
of locations in financial centres around the globe: Canadian
Personal and Commercial Banking, including TD Canada Trust and TD
Auto Finance Canada; U.S. Retail, including TD Bank, America's Most
Convenient Bank®, TD Auto Finance U.S., TD Wealth
(U.S.), and an investment in The Charles Schwab Corporation; Wealth
Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD
Insurance; and Wholesale Banking, including TD Securities and TD
Cowen. TD also ranks among the world's leading online financial
services firms, with more than 17 million active online and mobile
customers. TD had CDN$1.97 trillion in assets on April 30, 2024. The Toronto-Dominion Bank trades
under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group