TD Bank Files 424B2 Prospectus for New Securities Offering

TL;DR

**TD Bank just filed to issue new securities, watch for details on what and how much!**

AI Summary

The Toronto-Dominion Bank (TD Bank) filed a 424B2 prospectus on March 26, 2026, for a new offering under their existing shelf registration (File No. 333-283969). This filing indicates TD Bank is preparing to issue new securities, likely debt or equity, to raise capital. For investors, this matters because new offerings can dilute existing shares if equity, or increase debt obligations, potentially impacting the stock's valuation and future earnings.

Why It Matters

This filing signals TD Bank's intent to raise capital, which could impact its financial structure and potentially dilute existing shareholders or increase debt.

Risk Assessment

Risk Level: medium — The risk is medium because while it's a standard procedure for large banks, the specifics of the offering (type, amount, terms) are not yet disclosed and could impact the stock.

Analyst Insight

Investors should monitor subsequent filings or press releases from TD Bank for details on the type, amount, and terms of the securities being offered, as this will determine the impact on existing shareholders.

Key Numbers

• 424B2 — Form Type (Indicates a prospectus for a new securities offering)
• 0001140361-26-011299 — SEC Accession No. (Unique identifier for this specific filing)
• 333-283969 — File No. (The registration statement under which this offering is made)
• 2026-03-26 — Filing Date (The date the prospectus was filed with the SEC)

Key Players & Entities

• TORONTO DOMINION BANK (company) — The Filer of the 424B2 prospectus
• 0000947263 (company) — CIK of TORONTO DOMINION BANK
• 333-283969 (dollar_amount) — File number for the shelf registration statement
• 2026-03-26 (dollar_amount) — Filing and Acceptance Date of the 424B2

Forward-Looking Statements

• TD Bank will announce the specific terms of its new securities offering. (TORONTO DOMINION BANK) — high confidence, target: 2026-04-26

FAQ

Key Financial Figures

• $785,000 — 26, 2025 The Tor onto-Dominion Bank $785,000 Callable Contingent Interest Barrier N
• $1,000 — Barrier Value: the Principal Amount of $1,000 If the Final Value of any Reference As
• $959.80 — Notes were set on the Pricing Date was $959.80 per Note, as discussed further under "A
• $1,000.00 — scount 1 Proceeds to TD 1 Per Note $1,000.00 $0.00 $1,000.00 Total $785,000.00
• $0.00 — Proceeds to TD 1 Per Note $1,000.00 $0.00 $1,000.00 Total $785,000.00 $0.00
• $785,000.00 — te $1,000.00 $0.00 $1,000.00 Total $785,000.00 $0.00 $785,000.00 1 TD will periodic
• $10.00 — structuring fee and/or marketing fee of $10.00 per Note with respect to all of the Not

Filing Documents

• ef20068785_424b2.htm (424B2) — 195KB
• exfilingfees.htm (EX-FILING FEES) — 6KB
• image0.jpg (GRAPHIC) — 4KB
• image1.jpg (GRAPHIC) — 233KB
• image2.jpg (GRAPHIC) — 276KB
• image3.jpg (GRAPHIC) — 266KB
• 0001140361-26-011299.txt ( ) — 1369KB
• exfilingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969 Pricing Supplement dated March 25, 2026 to the Product Supplement MLN-EI-1 dated February 26, 2025, Underlier Supplement dated February 26, 2025 and Prospectus dated February 26, 2025 The Tor onto-Dominion Bank $785,000 Callable Contingent Interest Barrier Notes Linked to the Least Performing of the Dow Jones Industrial Average , the Nasdaq-100 Technology Sector Index SM and the Russell 2000 Index Due March 29, 2029 The Toronto-Dominion Bank ("TD" or "we") has offered the Callable Contingent Interest Barrier Notes (the "Notes") linked to the least performing of the Dow Jones Industrial Average , the Nasdaq-100 Technology Sector Index SM and the Russell 2000 Index (each, a "Reference Asset" and together, the "Reference Assets"). The Notes will pay a Contingent Interest Payment on a Contingent Interest Payment Date (including the Maturity Date) at a per annum rate of 13.05% (the "Contingent Interest Rate") only if, on the related Contingent Interest Observation Date, the Closing Value of each Reference Asset is greater than or equal to its Contingent Interest Barrier Value, which is equal to 70.00% of its Initial Value. If, however, the Closing Value of any Reference Asset is less than its Contingent Interest Barrier Value on a Contingent Interest Observation Date, no Contingent Interest Payment will accrue or be payable on the related Contingent Interest Payment Date. TD may, in its discretion, elect to call the Notes (an "Issuer Call") in whole, but not in part, on any Call Payment Date (monthly, commencing on the third Contingent Interest Payment Date and other than the Maturity Date) upon at least three Business Days' prior written notice, regardless of the Closing Values of the Reference Assets. If TD elects to call the Notes prior to maturity, the Call Payment Date will be the corresponding Contingent Interest Payment Date and, on such date, we will pay you a cash payment per Note equal to the Principal Amount, plus any Contingent Interest Payment otherwise due. No further amounts will be owed under the Notes following an Issuer Call. If TD does not elect to call the Notes prior to maturity, the amount we pay at maturity, in addition to any Contingent Interest Payment otherwise due, if anything, will depend on the Closing Value of each Reference Asset on its Final Valuation Date (each, its "Final Value") relative to its Barrier Value, which is equal to 70.00% of its Initial Value, calculated as follows: If the Final Value of each Reference Asset is greater than or equal to its Barrier Value: the Principal Amount of $1,000 If the Final Value of any Reference Asset is less than its Barrier Value: the sum of (1) $1,000 plus (2) the product of (i) $1,000 times (ii) the Least Performing Percentage Change If TD does not elect to call the Notes prior to maturity and the Final Value of any Reference Asset is less than its Barrier Value, investors will suffer a percentage loss on their initial investment that is equal to the percentage decline of the Reference Asset with the lowest Percentage Change from its Initial Value to its Final Value (the "Least Performing Reference Asset"). Specifically, investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value, and may lose the entire Principal Amount. Any payments on the Notes are subject to our credit risk. The Notes do not guarantee the payment of any Contingent Interest Payments or the return of the Principal Amount. Investors are exposed to the market risk of each Reference Asset on each Contingent Interest Observation Date (including the Final Valuation Date) and any decline in the value of one Reference Asset will not be offset or mitigated by a lesser decline or potential increase in the value of any other Reference Asset. If the Final Value of any Reference Asset is less than its Barrier Value, investors may lose up to their entire investment in the Notes. Any payments on the Notes are subject to our credit risk. The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or electronic communications network. The Notes have complex features and investing in the Notes involves a number of risks. See "Additional Risk Factors" beginning on page P-7 of this pricing supplement, "Additional Risk Factors Specific to the Notes" beginning on page PS-7 of the product supplement MLN-EI-1 dated February 26, 2025 (the "product supplement") and "Risk Factors" on page 1 of the prospectus dated February 26, 2025 (the "prospectus"). Neither the Securities and Excha

View Full Filing

View this 424B2 filing on SEC EDGAR