The Toronto-Dominion Bank (“TD” or the “Bank”) has closed a three-year US$500 million sustainability bond maturing on September 28, 2023. The issue marks TD’s inaugural sustainability bond and the first to be issued under the Bank’s Sustainable Bonds Framework. The proceeds from this issuance will be used to finance and/or refinance loans, investments and internal or external projects (collectively, “Eligible Assets”) that meet the Framework’s criteria for being considered environmentally or socially responsible. Examples of Eligible Assets include green buildings, clean transportation, access to essential services such as healthcare, affordable…
Read MoreTD Bank Group Issues First-Ever Sustainability Bond to Support Environmental and Social Initiatives
