The Toronto-Dominion Bank announced the pricing of a public offering of SGD 350 million in Fixed Rate Reset Callable Subordinated Notes (Non-Viability Contingent Capital). The notes bear interest at 3.125% per annum until August 5, 2031, and at the 5-year SORA-OIS rate plus 1.048% thereafter until maturity on August 5, 2036. Net proceeds will be used for general corporate purposes, including potential redemption of outstanding capital securities or repayment of other liabilities. The notes are expected to qualify as Tier 2 capital and were managed by DBS Bank Ltd., OCBC, and TD Securities. This transaction represents a significant debt issuance aimed at strengthening the bank's regulatory capital position.

The Toronto-Dominion Bank announced the pricing of its CAD Non-Viability Contingent Capital (AT1) Limited Recourse Capital Notes on June 4, 2026.