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Toronto-Dominion Bank to Raise S$60 Million in Second Tranche of Perpetual Notes
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Toronto-Dominion Bank to Raise S$60 Million in Second Tranche of Perpetual Notes
Jul 5, 2024 5:06 AM

07:40 AM EDT, 07/05/2024 (MT Newswires) -- The Toronto-Dominion Bank ( MLWIQXX ) said on Friday that it will raise S$60 million ($60.5 million) in the second tranche of its fixed rate reset perpetual subordinated additional tier 1 capital notes, Series 2023-9 non-viability contingent capital.

The second tranche will carry the same terms and conditions as the original issue announced on July 2, including the expected closing date of July 10.

The Toronto-Dominion Bank ( MLWIQXX ) and its subsidiaries are collectively known as TD Bank Group.

The bank fell 0.2% in Canada yesterday and edged up 0.4% in premarket U.S. trading on Friday.

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