On January 30, 2009, The Toronto-Dominion Bank ("TDBFG") issued 15,000,000 Non-Cumulative 5-Year Rate Reset Preferred Shares, Series AG carrying a face value of $25.00 per share for gross proceeds raised of $375 million. The offering was completed by way of a prospectus supplement to TDBFG's September 29, 2008 short form base shelf prospectus. The syndicate of underwriters for the offering was led by TD Securities Inc.
The underwriters were advised by a team from Fasken Martineau that included Richard Steinberg, Adam Inglis and Tina Chun (corporate/securities) and Mitchell Thaw (tax).