Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 10
---
 time to time by or on its behalf, except as required under applicable securities legislation. See “Risk Factors”.

S-v

SUMMARY OF THE NOTES The summary below describes the principal terms of the Notes. Certain of the terms and conditions described below are subject to important limitations and exceptions. The “Description of the Notes” section of this prospectus supplement and the “Description of the Debt Securities” section of the accompanying base prospectus contain a more detailed description of the terms and conditions of the Notes, and the “Description of Common Shares and Preferred Shares” section of the accompanying base prospectus contains a more detailed description of Common Shares to be delivered as Corresponding Limited Recourse Trust Assets pursuant to a Recourse Event that is a Trigger Event.

| Issuer: | The Toronto-Dominion Bank |

| Issue: | % Fixed Rate Reset Limited Recourse Capital Notes, Series 6 (Non-Viability Contingent Capital (NVCC)) |

| Principal Amount: | US$ |

| From the date of issue to, but excluding, the Initial Reset Date, the interest rate on the Notes will be fixed at  % per annum. Starting on the Initial Reset Date and on every fifth anniversary of such date                                 
 thereafter until October 31, 2080, the interest rate on the Notes will be reset at an interest rate per annum equal to the sum, as determined by TD or our designee, of (i) the U.S. Treasury Rate on the applicable Interest Rate Calculation 
 Date plus (ii)  %. Assuming the Notes are issued on     , 2025, the first interest payment on the Notes on January 31, 2026 will be in an amount of US$    per US$1,000 principal amount of                                                    
 Notes.                                                                                                                                                                                                                                         |

| Interest Deferability: | Interest payments are non-deferrable. |

| Immediately after a Failed Coupon Payment Date, pursuant to the limited recourse feature as described in “Description of the Notes—Limited Recourse”, each Noteholder will receive such                                                         
 Noteholder’s proportionate share of the Corresponding Limited Recourse Trust Assets. Upon delivery to holders of their proportionate share of the Corresponding Limited Recourse Trust Assets following a Failed Coupon Payment Date, all Notes 
 will cease to be outstanding, no further interest will accrue thereon and each holder of the Notes will cease to be entitled to any payment of principal of or interest on the Notes