Global Finance News
15 Nov 2025, 12:02
Charles Schwab raises 2 billion dollars through new senior notes offering
The Charles Schwab Corporation disclosed that it issued 2 billion dollars of fixed-to-floating rate senior notes on November 14, 2025, consisting of 1 billion dollars of 4.343 percent notes due 2031 and 1 billion dollars of 4.914 percent notes due 2036. Net proceeds totaled approximately 1.986 billion dollars after underwriting discounts and expenses.
The notes were issued under a new senior indenture with The Bank of New York Mellon Trust Company as trustee and sold to a syndicate of underwriters led by BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo. The offering was made under Schwab’s existing shelf registration on Form S-3.
The Charles Schwab Corporation disclosed that it issued 2 billion dollars of fixed-to-floating rate senior notes on November 14, 2025, consisting of 1 billion dollars of 4.343 percent notes due 2031 and 1 billion dollars of 4.914 percent notes due 2036. Net proceeds totaled approximately 1.986 billion dollars after underwriting discounts and expenses.
The notes were issued under a new senior indenture with The Bank of New York Mellon Trust Company as trustee and sold to a syndicate of underwriters led by BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo. The offering was made under Schwab’s existing shelf registration on Form S-3.
