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Stock impact report

TD Bank Announces Redemption of 3.224% Medium Term Notes (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) and Statement of Intent Regarding 4.859% Medium Term Notes (N...

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
on July 25, 2024 (the "Redemption Date"), all of its outstanding $1.5 billion 3.224% medium term notes due July 25, 2029 (non-viability contingent capital (NVCC)) constituting subordinated indebtedness of TD (the "3.224% Subordinated Notes"), at a redemption price of 100 per cent of the principal amount, plus accrued and unpaid interest to, but excluding, the Redemption Date. Notice will be delivered to the holders of the 3.224% Subordinated Notes in accordance with the terms thereof. Interest on the 3.224% Subordinated Notes will cease to accrue on and after the Redemption Date. 3.224% Subordinated Notes redeemed by TD Bank Group will be cancelled and will not be reissued. Additionally, in respect of its $1.25 billion 4.859% medium term notes due March 4, 2031 (NVCC) constituting subordinated indebtedness of TD (the "4.859% Subordinated Notes"), the Bank also announced that it intends, if considered necessary at a future date, to seek consent from holders of the 4.859% Subordinat Show less Read more
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