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
Insurer to set up new national claims response centre
Economy should post modest 1.8% recovery in 2009