The Toronto-Dominion Bank announced today that TD Capital Trust III, a subsidiary of TDBFG, and TDBFG have filed a preliminary prospectus with the provincial and territorial securities regulators authorities for a proposed public offering of TD Capital Trust III Securities – Series 2008 (TD CaTS III).

TD anticipates the issuance of TD CaTS III to constitute Tier 1 Capital of the bank.

The TD CaTS III will be offered by a syndicate of underwriters including TD Securities Inc., which will act as lead underwriter.