Based in New York, the High-Yield Sales and Trading Group at TD Securities (USA) LLC is the principal distribution arm supporting the Leveraged Finance business.
The group works with the Debt Capital Markets team and the bankers in our offices across Canada, the U.S. and Europe to originate, underwrite and distribute debt offerings for leveraged transactions into the U.S. and European loan and bond capital markets. In addition, we conduct secondary trading of high-yield loans and bonds, acting as principal.
We also execute sales and purchases on behalf of other areas managing TD loan portfolios, specifically TD Portfolio Management, Credit Risk Management and other business units.
With over 25 years of experience executing leveraged debt financings, TD Securities (USA) LLC is a niche player with a strong presence in select industries including media and communications, forest products, oil & gas and energy.
We have an exceptional track record in both underwriting and distribution. A fully-staffed team of 8 professionals, including traders, sales and analysts, provides world-class distribution and trading capabilities. The group’s senior members have on average 20+ years of market experience.
TD is a market maker of high-yield credits in media and communications, oil & gas, energy, forest products, as well as other credits widely traded in the broader North American and European markets through active relationships with more than 400 investors in the United States, Canada, and Europe.