The Charles Schwab Corporation Reports Senior Notes Issuance
Summary
On August 12, 2026, The Charles Schwab Corporation (CSC) issued $1,250,000,000 aggregate principal amount of 5.108% Fixed-to-Floating Rate Senior Notes due 2032 and $1,350,000,000 aggregate principal amount of 5.655% Fixed-to-Floating Rate Senior Notes due 2037. The net proceeds from this offering were approximately $2,582 million after deducting underwriting discounts and estimated expenses. CSC entered into an Underwriting Agreement on August 10, 2026, with BofA Securities, Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC as underwriters (via Ex. 5.1). The Notes were issued under a Senior Indenture, supplemented by a Fourth Supplemental Indenture dated August 12, 2026 (via Ex. 4.2).
Why It Matters
This debt offering, generating approximately $2,582 million in net proceeds, is material for investors as it represents a significant financing activity for The Charles Schwab Corporation, impacting its capital structure and liquidity.
These filing summaries are free and always will be. If this helped you spot material events, consider supporting us.
Want to see how SCHW traded around this filing?
Check real-time charts and technical analysis on TradingView to see market reaction to this event.
View SCHW Charts on TradingViewAffiliate link
Is this filing part of a pattern?
One disclosure is noise. Get a structured briefing covering 12 months of SEC filings, disclosure signals, and what to watch next.
Key Quote
“On August 12, 2026, The Charles Schwab Corporation ("CSC") issued $1,250,000,000 aggregate principal amount of 5.”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000316709
- Filing Date
- Wednesday, August 12, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral