TD.PR.I Settles Below Par; Greenshoe Fully Exercised

The TD 6.25%+415bp Fixed-Reset announced last week has settled, with a 3-million share greenshoe exercise added to the initial announcement of 8-million shares.

The issue did not choose the best of all possible days to commence trading, but traded an eminently respectable 452,475 shares in a range of 24.72-89 before closing at 24.85-87, 64×20.

TD.PR.I is tracked by HIMIPref™. It has been added to the Fixed-Reset subIndex.

2 Responses to “TD.PR.I Settles Below Par; Greenshoe Fully Exercised”

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