Toronto-dominion Bank · TSX:TD
Toronto-dominion Bank — TD Bank Group — Merger or Acquisition (September 2013)
9 slides from Toronto-dominion Bank's merger presentation, Sep 16, 2013
Slide 1: TD Bank Group, Aimia & CIBC Confirm Agreements Regarding Aeroplan
TD Bank Group, Aimia & CIBC Confirm Agreements Regarding Aeroplan Monday, September 16th, 2013
Slide 2: Caution regarding forward-looking statements
Caution regarding forward-looking statements From time to time, TD makes written and/or oral forward-looking statements, including in this document, in other filings with Canadian regulators or the U.S. Securities and Exchange Commission, and in other communications. In addition, representatives of
Slide 3: Overview
Overview Agreement with Aimia to be the primary issuer of co-branded Aeroplan Visa cards Enables TD to team with the leading travel loyalty company in Canada TD to purchase approximately 50% of CIBC’s existing Aeroplan portfolio With the acquisition, TD will solidify our position as the #1 c
Slide 4: More choice for TD customers, improved value for Aeroplan members
More choice for TD customers, improved value for Aeroplan members TD launching 5 new Aeroplan Visa cards Series of new cards in Canada and the U.S. Exciting new “Distinction” value proposition No miles expiration 20% to 50% fewer miles to earn a flight under Market Fare Rewards Network o
Slide 5: Program agreement between TD and Aimia
Program agreement between TD and Aimia 10 year agreement providing for launch January 1, 2014 Upfront payment of $100 million to Aimia To facilitate launch and development of enhanced Distinction program Joint marketing spend with Aimia of $140 million Over 4 years to support program and f
Slide 6: Terms of purchase
Terms of purchase TD and CIBC to split existing card portfolio To acquire approximately 550,000 accounts To retain approximately 630,000 accounts representing $3 billion in card balances and representing $2.8 billion in card balances $20 billion in annual retail spend and $18 billion in annual r
Slide 7: Financially attractive transaction
Financially attractive transaction Financially attractive transaction that fits within TD’s risk appetite Expected to be approximately $0.10 accretive to adjusted EPS1 in 2014 (approximately $0.07 dilutive to reported EPS)2 Expected to be approximately $0.152 accretive to EPS in 2015 on both a
Slide 8: Investor Relations Contacts
Investor Relations Contacts Phone: 416-308-9030 or 1-866-486-4826 Email: Grand Prix for Best Overall Investor Relations: Large Cap tdir@td.com Best Investor Relations by Sector: Financial Services Website: Best Investor Relations www.td.com/investor by a CEO: Large Cap Best Investor Relations by a C
Slide 9: TD Bank Group, Aimia & CIBC Confirm Agreements Regarding Aeroplan
TD Bank Group, Aimia & CIBC Confirm Agreements Regarding Aeroplan Monday, September 16th, 2013
TD Bank Group — Merger or Acquisition (September 2013) on 6ix