Losses are manageable relative to the bank’s earnings profile, DBRS says
Unit expected to contribute $60 million to TD Bank’s Q4 earnings
The drivers of Ontario’s past success are long gone; it’s now time for the province to set its sights on a new type of prosperity
The two banks have the most favourable internal rates of return in a “no premium deal and a capital outlay”
The Toronto-Dominion Bank announced today that TD Capital Trust III and TD Bank Financial Group have entered into an agreement with a syndicate of underwriters led by TD Securities Inc. for an issue of 1,000,000 TD Capital Trust III Securities – Series 2008 (TD CaTS III).Each TD CaTS III carries a face value of $1,000. […]
Ex-Chief of the Defence Staff to assist in bank’s leadership development
The Toronto-Dominion Bank today announced today that it has entered into an agreement with a group of underwriters for an issue of 8 million non-cumulative 5-Year Rate Reset Class A Preferred Shares, Series AA, carrying a face value of $25 per share, to raise gross proceeds of $ 200 million. TD Bank intends to file […]
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 […]
Bank hikes dividend
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.