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Bought Deal Offering of Non-Cumulative Rate Reset Preferred Shares, Series 7
Offering Price:
$25.00 per Series 7 Preferred Shares.
Minimum Purchase:
100 Preferred Shares.
Initial Dividend Rate:
Dividend of 3.60% annually, paid quarterly for the Initial Fixed Rate Period ending on July 31, 2020.
Subsequent Fixed Rate Dividend:
For every five-year after the initial Fixed Rate Period, the new rate will be equal to the 5-Year Government of Canada Bond Yield plus 2.79%.
Redemption for cash:
Redeemable at the option of Toronto-Dominion Bank:<br>on july 31, 2020 at $25.00 per Series 7 Preferred Share and on July 31 every five years thereafter.
Daily pulse - Mar 03, 2015
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Bank of Canada Governor Stephen Poloz is risking his credibility with mixed messages that may …
Michel Doucet
