TD Bank to sell 5-yr euro bond on Tuesday -lead

LONDON Jan 15 (Reuters) - Toronto-Dominion Bank (TD.TO) plans to sell a 5-year fixed-rate bond with a maximum size of 1 billion euros ($1.5 billion) later on Tuesday, an official at one of the banks managing the sale said.

Guidance has been refined to mid-swaps plus 70 basis points from 70 basis points area, the official said.

Books are open with orders approaching 1 billion euros, the official said.

Deutsche Bank and TD Securities are managing the sale.

TD Bank is rated AA- by both Standard & Poor's and Fitch Ratings, and Aaa by Moody's Investors Service. (Reporting by Maya Thatcher)