TD Bank Launches $750M Capital Notes Offering – Information Today Internet

Toronto Dominion Bank (TSE:TD) has free an update.

Toronto-Dominion Bank has declared a U.S. open substance of $750 meg in Limited Recourse Capital Notes with a 7.250% period welfare rate, resetting every fivesome years, maturing in 2084. The substance includes a concurrent supply of Non-Cumulative Fixed Rate Reset Preferred Shares, with the proceeds aimed at activity generalized joint purposes and potentially good unpaid top securities. The dealings is due to compound TD’s restrictive capital, with individual field business institutions managing the book-running.

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