/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
TORONTO, Feb. 27, 2015 /CNW/ - The Toronto-Dominion
Bank ("TD Bank Group" or "TD") today announced that, in connection
with its recently announced public offering of 12,000,000 3.60%
Non-Cumulative 5-Year Rate Reset Preferred Shares, Series 7 (the
"Series 7 Shares"), the underwriters have exercised their option
(the "Underwriters' Option") to purchase an additional 2,000,000
Series 7 Shares at a price of $25.00
per share. TD will receive additional gross proceeds of
$50,000,000 from the exercise of the
Underwriters' Option, increasing the total size of the offering to
$350,000,000. Closing of the
Underwriters' Option is expected to occur concurrent with the
closing of the public offering on March 10,
2015.
The securities offered have not been and will not be registered
under the U.S. Securities Act of 1933, as amended, and may not be
offered or sold in the United
States absent registration or an applicable exemption from
the registration requirements. This press release shall not
constitute an offer to sell securities in the United States.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank"). TD is the sixth
largest bank in North America by
branches and serves more than 24 million customers in three key
businesses operating in a number of locations in financial centres
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, America's Most
Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an
investment in TD Ameritrade; and Wholesale Banking, including TD
Securities. TD also ranks among the world's leading online
financial services firms, with approximately 9.7 million active
online and mobile customers. TD had CDN$1.1
trillion in assets on January 31,
2015. The Toronto-Dominion Bank trades under the symbol "TD"
on the Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group