Toronto Dominion Bank (TSE:TD) has released an update.
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Toronto-Dominion Bank (TD) has announced a Canadian public offering of $750 million in Non-Viability Contingent Capital (NVCC) Additional Tier 1 Limited Recourse Capital Notes, which bear interest at a rate of 5.909% annually. The proceeds from this offering will be used for general corporate purposes, including the redemption of outstanding capital securities and repayment of liabilities.
For further insights into TSE:TD stock, check out TipRanks’ Stock Analysis page.
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