Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

TD Bank completes US$250 million common share offering

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

TD Securities Inc.

On June 15, 2010, The Toronto-Dominion Bank (TDBFG) issued 3,525,000 common shares, at a price of $71.00 per common share, to raise gross proceeds of $250 million. The issue qualified as Tier 1 capital for TDBFG. The common shares were issued by way of a prospectus supplement that were filed with securities regulatory authorities in Canada under TDBFG's September 29, 2008 base shelf prospectus. The syndicate of underwriters was led by TD Securities Inc.The underwriters were advised by a team from Fasken Martineau that included Richard Steinberg and Daniel Fuke (corporate/securities) and Mitchell Thaw (tax).

Team

    Subscribe

    Receive email updates from our team

    Subscribe