Skip to content.

TD completes largest issuance of preferred shares by any Canadian bank

Date Closed

September 08, 2016

Lead Office

Toronto

Value

1.00 Billion CAD

On September 8, 2016, The Toronto-Dominion Bank completed the public offering of Non-Cumulative 5-Year Rate Reset Preferred Shares Series 14 for a total value of C$1 billion. The offering was underwritten by a group of underwriters led by TD Securities Inc. This is the largest issuance of preferential shares by any Canadian bank.

McCarthy Tétrault represented The Toronto Dominion bank with a deal team consisting of Wendi Locke, Ryan Hornby and Gabrielle Richards.

People