Company: TDBCP
Filing Date: 2025-03-17
Form Type: 424B2
Source: 0001140361-25-009046
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-17
Form: 424B2
Chunk 3
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 changes in connection with your purchase. You may also choose to reject such changes, in which case we may reject your offer to purchase.

| TD SECURITIES (USA) LLC | P-2 |

Selected Purchase Considerations

| • | Potential for Fixed Return –At maturity, if the Final Level is greater than or equal to the Buffer Level, you will receive a return at maturity equal to the Digital Return. However, you will not                            
 have the opportunity to participate in the possible increase in the level of the Reference Asset through an investment in the Notes because any positive return on the Notes is fixed and will not exceed the Digital Return. |

| • | Contingent Repayment of Principal, with Potential for Full Downside Exposure –If the Final Level is less than the Buffer Level, you will lose approximately 1.1765% of the Principal Amount of the      
 Notes for each 1% that the Final Level is less than the Initial Level in excess of the Buffer Amount, and because of the Downside Leverage Factor, you may lose your entire investment in the Notes.Any 
 payments on the Notes, including any repayment of principal, are subject to our credit risk.                                                                                                            |

Additional Risk Factors The Notes involve risks not associated with an investment in conventional debt securities. This section describes the most significant risks relating to the terms of the Notes. For additional information as to these risks, please see “Additional Risk Factors Specific to the Notes” in the product supplement and “Risk Factors” in the prospectus. Investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the Notes and the suitability of the Notes in light of their particular circumstances. Risks Relating to Return Characteristics Your Investment in the Notes May Result in a Loss. The Notes do not guarantee the return of the Principal Amount and you may lose up to your entire investment in the Notes. Your investment will be exposed to a loss on a leveraged basis if the Final Level is less than the Buffer Level. Specifically, if the Final Level is less than the Buffer Level, you will lose approximately 1.1765% of the Principal Amount of the Notes for each 1% that the Final Level is less than the Initial Level in excess of the Buffer Amount, and may lose your entire Principal Amount. Your Potential Return on the Notes Is Fixed and Limited to the Digital Return, You Will Not Participate in Any Increase in the Level of the Reference Asset and You Will Not Have Any Rights Associated with Ow