TD Securities Inc. leads a C$850 million domestic offering of Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares (NVCC), Series 27, by the Toronto-Dominion Bank

On April 4, 2022, the Toronto-Dominion Bank (the "Bank") completed a public offering of Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares (NVCC), Series 27 (the “Series 27 Shares”). The Bank issued to certain institutional investors 850,000 Series 27 Shares priced at C$1,000 per share to raise gross proceeds of C$850 million.

Fasken advised TD Securities Inc., acting as lead agent and sole bookrunner in connection with the offering, with a team comprised of Richard Steinberg and Allison Marks.