Company: TDBCP
Filing Date: 2025-08-05
Form Type: 424B2
Source: 0001140361-25-028903
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-05
Form: 424B2
Chunk 12
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 securities at maturity. If TD does                                               
 not elect to redeem the securities prior to maturity, TD will repay you the stated principal amount of your securities in cash only if the final index values ofallof the underlying indices are                                                   
 greater than or equal to their respective downside threshold levels and will only make such payment at maturity. If TD does not elect to redeem the securities prior to maturity and the final index value of any underlying index is less than    
 its downside threshold level, you will receive a cash payment per security that will be less than 65% of the stated principal amount of the securities and you will be exposed on a 1-to-1 basis to the decline of the worst performing underlying 
 index.You may lose your entire investment in the securities.                                                                                                                                                                                       |

| ◾ | Contingent repayment of stated principal amount only at maturity.If TD does not elect to redeem the securities prior to maturity, you should be willing to hold your securities to maturity. If you                                             
 are able to sell your securities prior to maturity in the secondary market, you may have to sell them at a loss relative to your investment even if the then-current levels of all of the underlying indices are greater than or equal to their 
 respective downside threshold levels.                                                                                                                                                                                                           |

| ◾ | You may not receive any contingent quarterly coupons.TD will not necessarily make periodic payments on the securities. If the index closing value ofanyof                                                                                         
 the underlying indices onany trading dayduring a quarterly observation period is less than its coupon threshold level, TD will not pay you the contingent quarterly coupon applicable to such quarterly                                           
 observation period. This will be the case even if the index closing value of each other underlying index is equal to or greater than its respective coupon threshold level on each trading day during that quarterly observation period, and even 
 if the index closing value of that underlying index was higher than its coupon threshold level on every other trading day during the quarterly observation period. If the index closing value of any underlying index on at least one trading day 
 during each quarterly observation period is less than its coupon threshold level, TD will not pay you any contingent quarterly coupons during the term of, and you will not receive a positive return on, your securities. Generally, this        
 non-payment of the contingent quarterly coupon coincides with a period of greater risk of principal loss on your securities. Because there is more than one underlying index, it is more likely that you will (a) not receive any contingent      
 quarterly coupons and/or (b) receive an amount in cash that