Company: TDBCP
Filing Date: 2025-01-10
Form Type: 424B2
Source: 0001140361-25-000785
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-10
Form: 424B2
Chunk 0
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The information in this pricing supplement is not complete and may be changed. This pricing supplement is not an offer to sell nor does it seek an offer to buy these Notes in any state where the offer or sale is not permitted. Subject to Completion, Dated January 10, 2025.

| Pricing Supplement dated , 2025 to the               
 Product Supplement MLN-EI-1 dated March 4, 2022, and 
 Prospectus dated March 4, 2022                       | Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-262557 |

General

| • | The Notes are designed for investors who (i) wish to receive a return equal to the applicable Call Premium (as defined below) if (a) on the Review Date prior to the Final Review Date, the Closing Level ofeachReference Asset (as defined below) isgreater than or equal toits Initial Level (as defined below) or (b) on the Final Review Date, the Final Level (as 
 defined below) ofeachReference Asset isgreater than or equal toits Step-Down Call Level (as defined below), (ii) are willing to accept the risk of losing                                                                                                                                                                                                              
 some or all of their Principal Amount and of not receiving any Call Premium over the term of the Notes and (iii) are willing to forgo any interest and any dividends or other distributions.Investors will be                                                                                                                                                          
 exposed to the market risk of each Reference Asset and any decline in the level of one Reference Asset may negatively affect their return on the Notes and will not be offset or mitigated by a lesser decline or any potential increase in                                                                                                                            
 the level of any other Reference Asset.                                                                                                                                                                                                                                                                                                                                |

| • | The Notes will be automatically called if (i) the Closing Level ofeachReference Asset isgreater than or equal toits Initial                                                                                                                   
 Level on the Review Date prior to the Final Review Date or (ii) the Final Level ofeachReference Asset isgreater than or equal toits Step-Down Call Level                                                                                      
 on the Final Review Date. If the Notes are not automatically called and therefore the Final Level ofanyReference Asset isless thanits Initial Level by                                                                                        
 more than 15.00%, investors will lose approximately 1.1765% of the Principal Amount of the Notes for each 1% decrease from the Initial Level to the Final Level of the Least Performing Reference Asset of more than 15.00%, and may lose the 
 entire Principal Amount.