Cases & Deals

Toronto-Dominion Bank and TD Securities serve as liquidity provider and remarketing agent in $173 million VRDP Share issuance by two Nuveen closed-end municipal bond funds

Clients TD Securities (USA) LLC and Toronto-Dominion Bank, The

Jones Day represented The Toronto-Dominion Bank, as liquidity provider, and TD Securities (USA) LLC, as remarketing agent, in connection with the US$173 million issuance by two Nuveen closed-end municipal bond funds of Variable Rate Demand Preferred Shares (VRDP Shares), the proceeds of which were used to redeem existing MTP Shares of the issuing funds.