Toronto Dominion Bank plans 7-year euro bond -lead

LONDON, May 7 (Reuters) - Canada's Toronto Dominion Bank (TD.TO: Quote, Profile, Research) plans to issue a 7-year euro benchmark bond, an official at one of the banks managing the sale said on Wednesday.

Guidance on the bond has been set at mid-swaps plus 105 basis points, the official said.

Barclays, Deutsche Bank and TD Securities are managing the sale.

Toronto Dominion Bank is rated Aaa by Moody's Investors Service and AA- by both Standard & Poor's and Fitch Ratings.

(Reporting by Richard Barley)