Charles Schwab Completes $2 Billion Aggregate Senior Notes Offering

Simpson Thacher LLP represented the underwriters, led by Wells Fargo Securities, LLC; BofA Securities, Inc.; Citigroup Global Markets Inc.; Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; and Morgan Stanley & Co. LLC, in connection with The Charles Schwab Corporation's public offering of senior notes. The offering comprised $2 billion aggregate principal amount of Senior Notes, consisting of $1 billion aggregate principal amount of 4.343% Fixed‑to‑Floating Rate Senior Notes due 2031 and $1 billion aggregate principal amount of 4.914% Fixed‑to‑Floating Rate Senior Notes due 2036. Charles Schwab is a savings and loan holding company that, through its subsidiaries, engages in wealth management, securities brokerage, banking, asset management, custody and financial advisory services to individual investors and independent investment advisors. Simpson Thacher LLP represented the underwriters with a team composed by: Roxane Reardon (Capital Markets); John Strubing (Capital Markets); Sandy Cho (Capital Markets); Spencer Sloan (Bank Regulatory); Jonathan Cantor (Tax); Adam Hersch (Tax); Paul Jansch (Tax); Corina Holland (Intellectual Property); George Gerstein (Executive Compensation and Employee Benefits); Alexander Kharash (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).

Charles Schwab Completes $2 Billion Aggregate Senior Notes Offering

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