Charles Schwab issues $3 billion in senior notes
SCHW•Charles Schwab issued $3 billion of floating-rate and fixed-to-floating rate notes on November 12, 2026, with net proceeds of approximately $2.98 billion.
1. Offering details
The offering included $300 million of floating-rate notes due 2030, $1.3 billion of 5.33% fixed-to-floating rate senior notes due 2030 and $1.4 billion of 5.73% fixed-to-floating rate senior notes due 2034. Net proceeds were approximately $2.98 billion, excluding underwriting discounts, commissions and estimated offering expenses.
