<i>Money may be used to finance CT Financial takeover</i><br>
(September 13 – 11:40 ET) –
Toronto-Dominion Bank today
said it will sell $102.5 million in
units to a syndicate of investment
dealers led by TD Securities Inc.
and ScotiaMcLeod Inc.
The deal involves 16.4 million
units at $6.25 apiece. The funds
raised will be added to the bank’s
Tier 1 capital and may be used to
finance the takeover of CT
Financial Services Inc.
IE Staff
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