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Charles Schwab files for senior notes offering

Charles Schwab Corp. filed a prospectus for its offering of senior notes due 2029.

The total principal amount, interest rate and maturity date of the notes were not disclosed. Charles Schwab intends to use net proceeds for general corporate purposes, including repurchasing common shares under its buyback plan.

Credit Suisse, BofA Merrill Lynch and Citigroup are joint book-running managers for the offering.