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Charles Schwab files for note offering

Charles Schwab Corp. filed a prospectus for the sale of an undisclosed amount of floating rate senior notes due 2021, fixed rate senior notes due 2021 and fixed rate senior notes due 2025.

The notes will be the company's senior unsecured obligations.

The net proceeds from the offering will be used for general corporate purposes, including redeeming or repaying $275 million of the company's 2.20% senior notes due July 25, purchasing securities to augment liquidity and supporting business growth.

Bank of America Merrill Lynch, Citigroup, Credit Suisse, Goldman Sachs & Co. LLC and J.P. Morgan are joint book-running managers of the offering.