Company: TDBCP
Filing Date: 2025-01-08
Form Type: 424B2
Source: 0001140361-25-000607
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-08
Form: 424B2
Chunk 4
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 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 investors may lose up to their entire investment in the Notes. Specifically, if the Final Value of any Reference Asset is less than its Buffer Value, investors will lose 1.25% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value in excess of the Buffer Amount and may lose the entire Principal Amount. The Notes Do Not Pay Interest and Your Return May Be Less Than the Return on a Conventional Debt Security of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security having a comparable maturity. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional, interest-bearing senior debt security of TD of comparable maturity. Your Potential Return Will Be Limited By The Maximum Redemption Amount and May Be Less Than the Return on a Hypothetical Direct Investment in The Least Performing Reference Asset. The opportunity to participate in the possible increases in the level of the Least Performing Reference Asset through an investment in the Notes will be limited because the Payment at Maturity will not exceed the Maximum Redemption Amount. Furthermore, if the Final Value of each Reference Asset is greater than its Initial Value, the effect of the Leverage Factor will not be taken into account for any Least Performing Percentage Change that results in a Payment at Maturity that is greater than the Maximum Redemption Amount, regardless of any further increase in the Final Value of the Least Performing Reference Asset. Accordingly, your return on the Notes may be less than your return would be if you made an investment in a note directly linked to the performance of any Reference Asset or made a hypothetical investment in any Reference Asset or the stocks comprising any Reference Asset (the “Reference Asset Constituents”). The Payment at Maturity Is Not Linked to the Closing Value of Any Reference Asset at Any Time Other than the Final Valuation Date. The Final Value of each Reference Asset will be based on its Closing Value on the Final Valuation Date. Therefore, if the Closing Value of any Reference Asset dropped precipitously on the Final Valuation Date, the Payment at Maturity may be significantly