On September 14, 2022, the Toronto-Dominion Bank (the "Bank") completed a public offering of C$1.5 billion of 7.283% Non-Viability Contingent Capital (NVCC) Additional Tier 1 Limited Recourse Capital Notes Series 2. Concurrently, the Bank issued 1,500,000 Non-Cumulative 5-Year Fixed Rate Reset NVCC Preferred Shares, Series 29, held by Computershare Trust Company of Canada, as trustee for TD LRCN Limited Recourse Trust.
Fasken advised TD Securities Inc., which acted as lead agent and sole bookrunner in connection with the offering, with a team comprised of Richard Steinberg and Allison Marks.
Jurisdiction
- Ontario
