Ex-Chief of the Defence Staff to assist in bank’s leadership development
The Toronto-Dominion Bank today announced today that it has entered into an agreement with a group of underwriters for an issue of 8 million non-cumulative 5-Year Rate Reset Class A Preferred Shares, Series AA, carrying a face value of $25 per share, to raise gross proceeds of $ 200 million. TD Bank intends to file […]
The Toronto-Dominion Bank announced today that TD Capital Trust III, a subsidiary of TDBFG, and TDBFG have filed a preliminary prospectus with the provincial and territorial securities regulators authorities for a proposed public offering of TD Capital Trust III Securities – Series 2008 (TD CaTS III).TD anticipates the issuance of TD CaTS III to constitute […]
Bank hikes dividend
The Toronto-Dominion Bank announced today its intention to redeem all of its $ billion of outstanding 4.54% subordinated debentures due Sept. 5, 2013, at a redemption price of 100% of the principal amount. Interest on the debentures will cease to accrue on and after the redemption date, Sept. 5, 2008.
Commerce Bank, TD Banknorth to re-brand as TD Bank, America’s Most Convenient Bank
Online brokerage expected to contribute $74 million to TD Bank’s wealth management earnings
Incorrectly priced instruments in London office
The Toronto-Dominion Bank says it intends to issue $650 million of medium term notes.The notes, to be sold through an agency syndicate led by TD Securities Inc., are expected to be issued July 7, 2008, and will pay a coupon of 5.828% until July 9, 2018, and the bankers’ acceptance rate plus 2.55% thereafter until […]
Acquisition to expand TD’s commercial lending