secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001193125-23-149469
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charles Schwab issues $2.5B in senior notes: $1.2B at 5.643% due 2029, $1.3B at 5.853% due 2034
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- Issued $1,200M of 5.643% Fixed-to-Floating Rate Senior Notes due 2029 and $1,300M of 5.853% Fixed-to-Floating Rate Senior Notes due 2034.
- Net proceeds ~$2,478.1M after underwriting discounts and estimated offering expenses.
- Underwriting agreement with BofA Securities, Citigroup, Credit Suisse, Goldman Sachs, J.P. Morgan, Wells Fargo.
- Notes issued under Senior Indenture with The Bank of New York Mellon Trust Company as trustee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000119312523149469/0001193125-23-149469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000119312523149469/d510277d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-149469

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