Toronto-Dominion Bank $1.5 billion notes offering
Davis Polk advised the lead managers on an SEC-registered offering by TD Bank of (i) $750 million aggregate principal amount of its 0.550% senior notes due 2024 and (ii) $750 million aggregate principal amount of its floating-rate senior notes due 2024, under its medium-term notes program.
TD is the fifth-largest bank in North America by assets and serves 26 million customers in three key businesses operating in a number of locations in financial centers around the globe. TD also ranks among the world's leading online financial services firms, with more than 14 million active online and mobile customers.
The Davis Polk corporate team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associates David Giron and Adam Greene. The tax team included partner Po Sit and associate Tomislava Dragicevic. Counsel Daniel E. Newman and associate Tyler X. Senackerib provided financial institutions advice. All members of the Davis Polk team are based in the New Yorkoffice.