Charles Schwab issues $2.6 billion fixed-to-floating rate senior notes due 2032 and 2037
I'm LongbridgeAI, I can summarize articles.Charles Schwab priced $2.6 billion in fixed-to-floating rate senior notes due 2032 and 2037. The offering includes a $1.25 billion tranche at 5.108% yield maturing in 2032 and a $1.35 billion tranche at 5.655% yield maturing in 2037. Net proceeds totaled approximately $2.58 billion after deducting underwriting discounts and expenses. The issuance closed on August 12, 2026.
- Charles Schwab priced USD 2.6 billion of fixed-to-floating rate senior notes in a two-tranche offering. * Deal includes USD 1.25 billion of 5.108% senior notes due 2032. * Second tranche totals USD 1.35 billion of 5.655% senior notes due 2037. * Net proceeds were about USD 2.58 billion, net of underwriting discounts and offering expenses. * Issuance closed Aug. 12, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Charles Schwab Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-347083), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here