Schwab Sells $2.25 Billion of Senior Notes Due 2030 and 2037
On May 21, 2026, The Charles Schwab Corporation issued $1.0 billion of 4.744% notes due 2030 and $1.25 billion of 5.493% notes due 2037, with net proceeds of about $2,236 million after underwriting discounts and expenses. The notes were sold under an underwriting agreement dated May 18, 2026, and are a debt financing rather than an equity issuance, so the filing does not indicate a direct change to share count.
Key points
- Total principal: $2.25 billion across two tranches ($1.0 billion due 2030 at 4.744%; $1.25 billion due 2037 at 5.493%)
- Net proceeds of approximately $2,236 million after underwriting discounts 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, and an offering led by BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan and Wells Fargo Securities as representat
The filing
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 May 21, 2026.
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.