The investment-grade debt offering consists of four tranches

Davis Polk advised the lead managers on an SEC-registered offering by TD Bank of $1.4 billion aggregate principal amount of its 4.568% senior notes due 2026, $550 million aggregate principal amount of its floating-rate senior notes due 2026, $1 billion aggregate principal amount of its 4.783% senior notes due 2029 and $350 million aggregate principal of its floating-rate senior notes due 2029, under its medium-term notes program.

TD serves over 27.5 million customers in four 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 16 million active online and mobile customers.

The Davis Polk corporate team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associate Andrew Masaru Orita. The tax team included partner Mario J. Verdolini and associates Michael Mirabella and Hunter P. Shaw. Counsel Daniel E. Newman and Tyler X. Senackerib and associate Jeremy R. Lee provided financial institutions advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post