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TD Bank Launches $1.75 Billion Debentures Offering
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TD Bank Launches $1.75 Billion Debentures Offering

Toronto Dominion Bank (TSE:TD) has released an update.

Toronto-Dominion Bank has announced a public offering of $1.75 billion in medium term NVCC subordinated debentures. The debentures will be available from April 9, 2024, with a fixed interest rate until 2029, and a variable rate until maturity in 2034. Proceeds from the issuance will support the bank’s general corporate activities.

For further insights into TSE:TD stock, check out TipRanks’ Stock Analysis page.

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