TD prices SGD 350 million NVCC Tier 2 subordinated notes offering
I'm LongbridgeAI, I can summarize articles.Toronto-Dominion Bank priced a SGD 350 million public offering of Fixed Rate Reset Callable Subordinated Notes (NVCC). The notes pay 3.125% until August 5, 2031, then reset to 5-year SORA-OIS plus 1.048%. Proceeds are for general corporate purposes, including potential capital security redemption or liability repayment.
- TD priced a public offering of SGD 350 million Fixed Rate Reset Callable Subordinated Notes (NVCC). * Notes pay 3.125% to Aug. 5, 2031; reset to 5-year SORA-OIS + 1.048% to Aug. 5, 2036 maturity. * Issuer call option on Aug. 5, 2031 at par, subject to Canada’s banking regulator approval. * Proceeds earmarked for general corporate purposes, including potential redemption of capital securities or repayment of liabilities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TD - Toronto-Dominion Bank published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
