TD Capital Trust Issues TD CaTS II

On October 22, 2002, TD Capital Trust II, a part of the TD Bank Financial Group, completed an offering of $350 million of TD Capital Trust II Securities—series 2012-1 (TD CaTS II), which will constitute tier-one capital of The Toronto-Dominion Bank under the guidelines governing innovative tier-one capital issued by the Office of the Superintendent of Financial Institutions (Canada).

TD Bank was represented in-house by Peter Aust, vice-president, capital finance; John van Boxmeer, manager, bank capital; Norie Campbell, associate vice-president, legal; and Rasha El Sissi, senior counsel; assisted by McCarthy Tétrault LLP with a team that included Philip Moore, Stu Miller, Martha Hundert and Wendi Locke (corporate and securities), Stephen Clark and Steven Kim (regulatory) and Judith Woods and Jerald Wortsman (tax).

TD Securities Inc. led the underwriting syndicate, which included RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., National Bank Financial Inc., Merrill Lynch Canada Inc., HSBC Securities (Canada) Inc., Desjardins Securities Inc. and Trilon Securities Corporation. The underwriters were represented by Torys LLP, with a team that included Philip Brown, David Nowak, Tom Yeo and Michael Fortier (corporate and securities), Blair Keefe (regulatory) and Lucia ten Kortenaar (tax).