Company: TDBCP
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001140361-25-028550
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-04
Form: 424B2
Chunk 0
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| July 2025                                                                                              
 Pricing Supplement                                                                                     
 Dated July 31, 2025                                                                                    
 Registration Statement No. 333-283969                                                                  
 Filed pursuant to Rule 424(b)(2)                                                                       
 (To Prospectus dated February 26, 2025,                                                                
 Underlier Supplement dated February 26, 2025, and Product Supplement MLN-EI-1 dated February 26, 2025) |

STRUCTURED INVESTMENTS Opportunities in U.S. Equities $3,550,000 Callable Contingent Income Securities due August 5, 2027 Based on the Worst Performing of the Nasdaq-100 Index ®, the Russell 2000 ®Index and the S&P 500 ®Index Principal at Risk Securities Callable Contingent Income Securities (the “securities”) do not guarantee the repayment of principal and do not provide for the regular payment of interest. Instead, the securities offer the opportunity for investors to earn a contingent quarterly coupon with respect to each determination date on which the index closing value of eachunderlying index is greater than or equal to 70% of its initial index value, which we refer to as its coupon threshold level. However, if the index closing value of anyunderlying index is less thanits coupon threshold level, you will not receive any contingent quarterly coupon with respect to the applicable determination date. As a result, investors must be willing to accept the risk of not receiving any contingent quarterly coupons during the term of the securities. In addition, The Toronto-Dominion Bank (“TD”) may elect, on or before any applicable determination date (other than the final determination date), to redeem the securities at its discretion in whole, but not in part (an “issuer call”), on the contingent coupon payment date corresponding to such determination date (the “redemption date”), regardless of the index closing values of the underlying indices on such determination date. If TD elects to redeem the securities prior to maturity, the securities will be redeemed on the redemption date for an amount per security equal to (i) the stated principal amount plus(ii) any contingent quarterly coupon otherwise payable with respect to the applicable determination date. No further payments will be made on the securities once they have been redeemed. Furthermore, if TD does not elect to redeem the securities prior to maturity and the final index value of anyunderlying index is less than70% of its initial index value, which we refer to as its downside threshold level, TD will pay you a cash payment per security that will be