Summary
The Charles Schwab Corporation filed an 8-K report on December 6, 2012, disclosing the successful offering and consummation of $350 million in aggregate principal amount of 0.850% Senior Notes due 2015. This debt issuance, agreed upon on December 3, 2012, was facilitated through an Underwriting Agreement with Citigroup Global Markets Inc. and Goldman, Sachs & Co. as representatives for the underwriters. The notes were issued under the company's existing Senior Indenture, with the terms further defined by a Fourth Supplemental Indenture dated December 6, 2012. This offering was conducted under the company's shelf registration statement on Form S-3. The filing also includes various exhibits such as the underwriting agreement, supplemental indenture, the form of the senior note, and legal opinions related to the transaction.
Key Highlights
- 1The Charles Schwab Corporation successfully issued $350 million in 0.850% Senior Notes due 2015.
- 2The offering was consummated on December 6, 2012.
- 3The notes were sold under an Underwriting Agreement with Citigroup Global Markets Inc. and Goldman, Sachs & Co. as lead underwriters.
- 4The issuance was made pursuant to a shelf registration statement on Form S-3.
- 5The notes are governed by a Senior Indenture dated June 5, 2009, and supplemented by a Fourth Supplemental Indenture dated December 6, 2012.
- 6The filing includes the Underwriting Agreement, the Fourth Supplemental Indenture, and the form of the Senior Note as exhibits.