Expected closing date is Jan. 14
Wealth management income down 8% from a year ago
Over-allotment boosts proceeds to $1.4 billion
Proceeds to boost Tier 1 Capital
Bank’s risk positioning may have weakened
Losses are manageable relative to the bank’s earnings profile, DBRS says
Unit expected to contribute $60 million to TD Bank’s Q4 earnings
The drivers of Ontario’s past success are long gone; it’s now time for the province to set its sights on a new type of prosperity
The two banks have the most favourable internal rates of return in a “no premium deal and a capital outlay”
The Toronto-Dominion Bank announced today that TD Capital Trust III and TD Bank Financial Group have entered into an agreement with a syndicate of underwriters led by TD Securities Inc. for an issue of 1,000,000 TD Capital Trust III Securities – Series 2008 (TD CaTS III).Each TD CaTS III carries a face value of $1,000. […]