Company: TDBCP
Filing Date: 2025-08-29
Form Type: 424B2
Source: 0001140361-25-033487
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-29
Form: 424B2
Chunk 1
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 our credit risk. See “Terms of the Notes” below. The Basket will be comprised of the EURO STOXX 50 ®Index, the FTSE ®100 Index, the Nikkei Stock Average Index, the Swiss Market Index ®, the S&P/ASX 200 Index, and the FTSE ®China 50 Index (each a “Basket Component”). On the pricing date, the EURO STOXX 50 ®Index will be given an initial weight of 40.00%, each of the FTSE ®100 Index and the Nikkei Stock Average Index will be given an initial weight of 20.00%, each of the Swiss Market Index ®and the S&P/ASX 200 Index will be given an initial weight of 7.50% and the FTSE ®China 50 Index will be given an initial weight of 5.00%. The economic terms of the notes (including the Threshold Value) are based on our internal funding rate (which is our internal borrowing rate based on variables such as market benchmarks and our appetite for borrowing) and several factors, including selling concessions, discounts, commissions or fees expected to be paid in connection with the offering of the notes, the estimated profit that we expect to earn in connection with structuring the notes, estimated costs which we may incur in connection with the notes and the economic terms of certain related hedging arrangements as discussed further below and under “Structuring the Notes” on page TS-32. On the cover page of this term sheet, we have provided the initial estimated value range for the notes. The initial estimated value of your notes on the pricing date will be less than their public offering price. The range of initial estimated values was determined by reference to our internal pricing models, which take into account a number of variables, typically including expected volatility of the Market Measure, interest rates (forecasted, current and historical rates), price-sensitivity analysis, time to maturity of the notes and our internal funding rate which take into account a number of variables and are based on a number of subjective assumptions, which are not evaluated or verified on an independent basis and may or may not materialize. Because our internal funding rate generally represents a discount from the levels at which our benchmark debt securities trade in the secondary market, the use of an internal funding rate for the notes rather than the levels at which our benchmark debt securities trade in the secondary market is expected, assuming all other economic terms are held constant, to increase the initial estimated value of the notes and to have an