Preferred Stock Channel
Toronto Dominion Bank | Class A First Preferred Shares, Series P (TD.PRP.CA)

Prospectus excerpt:  This offering of Class A First Preferred Shares, Series P (the “Series P Shares”) of The Toronto-Dominion Bank (the “Bank”) under this prospectus supplement (the “Prospectus Supplement”) consists of 10,000,000 Series P Shares. The holders of the Series P Shares will be entitled to receive quarterly non-cumulative preferential cash dividends, as and when declared by the board of directors of the Bank (the “Board of Directors”) payable on the last day of January, April, July and October in each year (each three-month period ending on the last day of each such month, a “Quarter”). Based on the anticipated closing date of this offering of November 1, 2007, the dividend per Series P Share in respect of the period from and including November 1, 2007 to but excluding January 31, 2008, if declared, will be $0.327226 per share. Commencing on January 31, 2008, quarterly cash dividends, if declared, will be at a per annum rate of 5.25% per share, or $0.328125 per share per Quarter. See “Details of the Offering”.

Subject to the provisions of the Bank Act (Canada) (the “Bank Act”), including, if required, the consent of the Superintendent of Financial Institutions (Canada) (the “Superintendent”), on and after November 1, 2012, the Bank may redeem all, or from time to time any part, of the outstanding Series P Shares by the payment in cash of a sum per share equal to $26.00 if redeemed on or prior to October 30, 2013; $25.75 if redeemed after October 30, 2013 and on or prior to October 30, 2014; $25.50 if redeemed after October 30, 2014 and on or prior to October 30, 2015; $25.25 if redeemed after October 30, 2015 and on or prior to October 30, 2016; and $25.00 if redeemed thereafter, together, in each case, with an amount equal to the sum (the “Accrued Amount”) of (i) all declared and unpaid dividends in respect of completed Quarters preceding the date fixed for redemption; and (ii) an amount equal to the cash dividend in respect of the Quarter in which the redemption occurs, whether declared or not, pro rated to such date. See “Details of the Offering”.

Full Prospectus PDF », TD Page »

Series:P
Alternate symbology:TD-P.CA, TD-PP.CA, TDprP.CA
Redeemable?:Yes
Call Date:10/30/2016 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:10000000
Overallotment:2000000
Liquidation Preference:$25
Original Coupon:5.25%
Pay Period:Quarterly
Pay Dates:31-Jan, 30-Apr, 31-Jul, 31-Oct
CDx3 Compliance Rating: Learn TD.PRP.CA's Rating
Toronto Dominion Bank serves customers in three key businesses operating in a number of locations in financial centers around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including, TD Bank, N.A., operating under the brand name TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. Co. is also an online financial services firm, serving online and mobile customers.

Preferreds: TD.PRA.CA, TD.PRC.CA, TD.PRE.CA, TD.PRG.CA, TD.PRI.CA, TD.PRK.CA, TD.PRO.CA, TD.PRP.CA, TD.PRQ.CA, TD.PRR.CA, TD.PRS.CA, TD.PRY.CA


Open the TD Information Page »
Name:  Toronto Dominion Bank
Website:  www.td.com
Sector:  Banking & Savings
Number of ETFs Holding TD:  10 (see which ones)
Total Market Value Held by ETFs:  $204,909,915
Total Market Capitalization:  $109,866,000,000
% of Market Cap. Held by ETFs:  0.19%

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