Company: TDBCP
Filing Date: 2025-05-27
Form Type: 424B2
Source: 0001140361-25-020452
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-27
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

Pricing Supplement dated May 23, 2025 to the Product Supplement MLN-EI-1 dated February 26, 2025, Underlier Supplement dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                             
 $650,000                                              
 Capped Buffered Notes Linked to the Nasdaq-100 Index® 
 Due May 29, 2030                                      |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Capped Buffered Notes (the “Notes”) linked to the Nasdaq-100 Index ®(the “Reference Asset”) described below. The Notes provide unleveraged participation in the positive return of the Reference Asset if the level of the Reference Asset increases from the Initial Level to the Final Level, subject to the Maximum Redemption Amount of $1,715.00. Investors will receive their Principal Amount at maturity if the Final Level is below the Initial Level by up to 20%. If the Final Level is below the Initial Level by more than 20%, investors will lose 1% of the Principal Amount of the Notes for each 1% decrease from the Initial Level to the Final Level of more than 20%, and may lose up to 80% of the Principal Amount of the Notes. Any payments on the Notes are subject to our credit risk. The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by the Canada Deposit Insurance Corporation (the “CDIC”), the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or any electronic communications network.

| The Payment at Maturity will be greater than the Principal Amount only if the                                                                                                                                                             
 Final Level is greater than the Initial Level. The Notes do not guarantee the return of the Principal Amount and investors may lose up to 80% of their investment in the Notes. Any payments on the Notes are subject to our credit risk. |

The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginning on page P-6 of this pricing supplement, “Additional Risk Factors Specific to the Notes” beginning on page PS-7 of the product supplement MLN-EI-1 dated February 26, 2025 (the