Financing ·
The Toronto-Dominion Bank announced on August 11, 2026, its intention to redeem all outstanding US$1.5 billion of its…
TDBCPToronto Dominion Bank
The Toronto-Dominion Bank announced on August 11, 2026, its intention to redeem all outstanding US$1.5 billion of its 3.625% Non-Viability Contingent Capital Subordinated Notes due 2031. The redemption is scheduled for September 15, 2026, at a price of par plus accrued and unpaid interest. Interest on the notes will cease accruing on the redemption date, and the cancelled securities will not be reissued. This action reduces the bank's contingent capital obligations ahead of their maturity.