Reported Earlier, The Toronto-dominion Bank Announced The Pricing Of A U.s. Public Offering Of $750M, 7.250% Fixed Rate Reset Limited Recourse Capital Notes, Series 4
Portfolio Pulse from Benzinga Newsdesk
The Toronto-Dominion Bank has announced the pricing of a U.S. public offering of $750 million in 7.250% Fixed Rate Reset Limited Recourse Capital Notes, Series 4.
June 25, 2024 | 7:04 am
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Toronto-Dominion Bank has priced a $750 million U.S. public offering of 7.250% Fixed Rate Reset Limited Recourse Capital Notes, Series 4. This move is likely to strengthen the bank's capital base.
The successful pricing of the $750 million offering will likely enhance TD's capital base, which is positive for the bank's financial stability and growth prospects. This could lead to a short-term positive impact on the stock price.
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