The Toronto-Dominion Bank announced today its intention to redeem all of its $ billion of outstanding 4.54% subordinated debentures due Sept. 5, 2013, at a redemption price of 100% of the principal amount.
Interest on the debentures will cease to accrue on and after the redemption date, Sept. 5, 2008.
TD Bank to redeem $1 billion of subordinated debentures
- By: IE Staff
- July 31, 2008 July 31, 2008
- 10:35