TD Securities Inc. leads a C$800 million domestic offering of Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares (NVCC), Series 28, by the Toronto-Dominion Bank

On July 25, 2022, the Toronto-Dominion Bank (the "Bank") completed a public offering of Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares (NVCC), Series 28 (the "Series 28 Shares"). The Bank issued to certain institutional investors 800,000 Series 28 Shares priced at C$1,000 per share to raise gross proceeds of C$800 million.

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.