(March 28 – 15:50 ET) – The Toronto-Dominion Bank is filing a preliminary prospectus providing for the issuance of debentures qualifying as Tier 2 capital of the bank. The bank anticipates that the issuance of this capital will complete the capital raising program required to finance its acquisition of CT Financial Services Inc.

TD Securities Inc. says it intends to form an underwriting syndicate for the
purchase and distribution of the debentures. The debentures have been provisionally rated AA- by CBRS Inc. and A (high) by Dominion Bond Rating Service Limited.
-IE Staff