Loan & DebtMar 29, 2026, 10:43 PM
Toronto-Dominion Bank to Redeem $1.25 Billion of 4.859% Medium Term Notes
AI Summary
Toronto-Dominion Bank (TD) announced its intention to redeem all of its outstanding $1.25 billion 4.859% medium term notes due March 4, 2031, on the redemption date of March 4, 2026. The redemption price will be 100% of the principal amount, plus accrued and unpaid interest. This action reduces TD's outstanding debt and simplifies its capital structure.
Key Highlights
- TD Bank Group will redeem $1.25 billion of its 4.859% medium term notes on March 4, 2026.
- The redemption price is 100% of the principal amount plus accrued and unpaid interest.
- The redeemed subordinated notes will be cancelled and not reissued.
Price Impact
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