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TD Bank Group to Issue NVCC Subordinated Debentures
The Toronto-Dominion Bank (TD) announced a domestic public offering of C$1 billion in medium term notes, which are non-viability contingent capital (NVCC) constituting subordinated indebtedness. These Notes will be issued and sold through a dealer syndicate led by TD Securities Inc., as detailed in a press release from Newswire.ca. The article also notes that this content is syndicated and not reviewed or endorsed by The Globe and Mail.