The fighters were very evenly matched in the first round, with Toledo perhaps getting the better of his opponent, whose defence was not as tight as usual.
Lomachenko decided to stay at range in the second, launching pot-shots. The tactics were working as he opened up a two-point lead.
Suddenly, the Ukrainian looked in complete control and he was now dictating the pace of the bout. A couple of body shots from the Cuban slowed him down slightly.
Toledo did plenty of work in the final round but could not overturn the deficit and he dropped a 14-11 decision.