Company: TDBCP
Filing Date: 2025-07-09
Form Type: 424B3
Source: 0001140361-25-025328
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-09
Form: 424B3
Chunk 1
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1)                 | With respect to each underlying index, the index closing value on the final determination date                                                                                                                                          |
| CUSIP/ISIN:                           | 89115HHA8 / US89115HHA86                                                                                                                                                                                                                |
| Listing:                              | The securities will not be listed or displayed on any securities exchange or any electronic communications network.                                                                                                                     |
| Calculation agent:                    | TD                                                                                                                                                                                                                                      |
| Agent:                                | TD Securities (USA) LLC (“TDS”), an affiliate of TD. See “Additional Information About the Securities — Supplemental information regarding plan of distribution (conflicts of interest); secondary markets (if any).”                   |
| Estimated value on the pricing date:  | The estimated value of your securities at the time the terms of your securities were set on the pricing date was $966.10 per security, as discussed further under “Risk Factors — Risks Relating to Estimated Value                     
 and Liquidity” beginning on page 9 and “Additional Information About the Securities — Additional information regarding the estimated value of the securities” herein. The estimated value is less than the public offering price of the 
 securities.                                                                                                                                                                                                                             |

| Commissions and issue price: | Price to Public(2) | Fees and Commissions(2) | Proceeds to Issuer |
| Per security:                |          $1,000.00 |               $20.00(a) 
              + $5.00(b) 
                  $25.00 |            $975.00 |
| Total:                       |      $5,050,000.00 |             $126,250.00 |      $4,923,750.00 |

| (1) | As determined by the calculation agent and as may be adjusted as described under “General Terms of the Notes — Unavailability of the Level of, or Change in Law Event Affecting, the Reference Asset; Modification 
 to Method of Calculation”, as described in the accompanying product supplement.                                                                                                                                    |

| (2) | TDS has agreed to purchase the securities from TD at the price to public less a fee of $25.00 per securities. TDS has agreed to resell all of the securities to Morgan Stanley Smith Barney LLC 
 (“Morgan Stanley Wealth Management”) at an underwriting discount which reflects:                                                                                                                |

| (a) | afixed sales commission of $20.00 per $1,000.00 stated principal amount of securities that Morgan Stanley Wealth Management sells and |

| (b)