S&P Raises TD Bank's Debt Rating to AA-

Bloomberg, Doug Alexander, 15 March 2007Toronto-Dominion Bank, Canada's second-largest lender, had its debt rating raised one level by Standard & Poor's, which cited rising profit growth from the bank's consumer lending and asset management businesses.The bank's rating was increased to AA-, the fourth-highest investment grade, from A+, S&P said in a statement today. The outlook is stable.``The