TD Bank Group Engages Diversity Firms to Actively Lead a US$500 Million Green Bond Offering – a First Among Canadian Issuers

The Toronto-Dominion Bank has closed a three-year US$500 million green bond offering through a syndicate of underwriters that includes minority-, women- and veteran-owned business enterprises (MWVBEs). This is the first time that a Canadian bank bond offering has been led by a syndicate group that included MWVBEs as Active Joint Bookrunners, reflecting TD’s strong commitment to diversity and inclusion. The transaction marks TD’s first green bond issuance under its Sustainable Bonds Framework (the “Framework”) (published in August 2020) and fourth environmental, social, and governance (ESG)-themed corporate bond issuance overall –…

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