Toronto-Dominion Offers $454 Million Green Bond
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Toronto-Dominion Bank said it’s the first Canadian commercial lender to sell a so-called green bond, offering a C$500 million ($454 million) debt security tied to funding environmental initiatives.
The TD Green Bond matures April 3, 2017, and offers an investment that supports environmental mandates while providing a market rate of return, Canada’s largest bank by assets said today in a statement.