latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/charles-schwab-issues-senior-notes-due-2025-2030-57761389 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Charles Schwab issues senior notes due 2025, 2030

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Charles Schwab issues senior notes due 2025, 2030

Charles Schwab Corp. on March 24 issued $600 million aggregate principal amount of 4.200% senior notes due March 24, 2025, and $500 million aggregate principal amount of 4.625% senior notes due March 22, 2030.

The company intends to use the net proceeds from the offering for general corporate purposes, according to a prospectus supplement.

Interest on the 2025 notes will be paid on March 24 and Sept. 24 of each year, beginning Sept. 24, 2020. Interest on the 2030 notes will be paid on March 22 and Sept. 22 of each year, beginning Sept. 22, 2020.

BofA Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC served as joint book-running managers for the offering. Morgan Stanley & Co. LLC and Wells Fargo Securities LLC served as senior co-managers, while HSBC Securities (USA) Inc., Lloyds Securities Inc., PNC Capital Markets LLC and U.S. Bancorp Investments Inc. acted as co-managers for the offering.