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AI brief of an SEC Form 8-K · Charles Schwab (SCHW)

Schwab Issues $2 Billion in Senior Notes Due 2031 and 2036, Net Proceeds $1.986 Billion

Neutral Impact 2 of 5 financing Written later

On November 14, 2025, The Charles Schwab Corporation issued $2 billion of fixed-to-floating rate senior notes in two $1 billion tranches, due 2031 and 2036. Net proceeds were approximately $1.986 billion after underwriting discounts, commissions and estimated offering expenses. The filing is a routine debt financing that adds long-term borrowing for the company, and it does not report any change to earnings or guidance.

Key points

  • Two tranches: $1 billion of 4.343% notes due 2031 and $1 billion of 4.914% notes due 2036
  • Net proceeds of approximately $1,986,000,000 after underwriting discounts, commissions and estimated offering expenses
  • Issued under a Senior Indenture dated November 14, 2025 with The Bank of New York Mellon Trust Company, N.A. as trustee, offered under a prospectus supplement dated November 12, 2025

The filing

CompanyCharles Schwab (SCHW)
Form8-K, current report
Filed with the SECNov 14, 2025, 5:02 PM ET
Accession number0001193125-25-283263

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 14, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.