Toronto-Dominion Bank issues CAD 1.75 billion in Limited Recourse Capital Notes with 6.281% coupon and launches updated mobile app for transfers and payroll.
Amount Raised
C$1.75 Billion
Round Type
Debt Financing
TorontoFinancial ServicesFinanceFintechLendingBankingDescription
Toronto-Dominion Bank set a 6.281% coupon for CAD 1.75 billion in Limited Recourse Capital Notes due 2026–2031, with notes linked to Preferred Shares Series 26 as part of its regulatory capital toolkit. The issuance includes callable senior and subordinated fixed income securities across multiple currencies and maturities. Concurrently, TD rolled out a new mobile app experience to streamline incoming transfers and payroll deposits. These funding and digital initiatives support the bank's capital management, regulatory requirements, and competitive positioning.
Quick answer
Toronto-Dominion Bank raised C$1.75 Billion in a Debt Financing round, dated November 4, 2026. Toronto-Dominion Bank is based in Toronto, Ontario, Canada.
- How much did Toronto-Dominion Bank raise?
- Toronto-Dominion Bank raised C$1.75 Billion in a Debt Financing round on November 4, 2026.
- What does Toronto-Dominion Bank do?
- Toronto-Dominion Bank is a major Canadian financial institution that provides banking, investment, and financial services.
- Where is Toronto-Dominion Bank based and how big is it?
- Toronto-Dominion Bank is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Toronto-Dominion Bank that raised within 45 days of this round, from Fundz verified event records.
- Arka Fincap raised $85M on November 8, 2026.
- Bread Financial™ raised $5.8M (Series C) on November 3, 2026.
- Bloquo raised $3.7M (Seed) on November 3, 2026.
- Akme Fintrade (India) Limited raised $5.3M (Debt Financing) on October 26, 2026.
- ScribeUp raised $13M (Series A) on October 20, 2026.
- EFY Finance raised an undisclosed amount (Seed) on October 13, 2026.
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