The Firm represented UBS Investment Bank, as sole book-running manager, and the other underwriters in connection with a public offering by The Charles Schwab Corporation of 29,670,300 shares of Common Stock, generating $563.7 million in gross proceeds. The offering closed on January 26, 2010.
The Charles Schwab Corporation, headquartered in San Francisco, California, engages, through its subsidiaries, in securities brokerage, banking and related financial services.
The Simpson Thacher team included Roxane Reardon, Ellen Smiley, Peter Walgren, Julia Gaffin, Kuang-Wei Chueh, Scott Mollett and Ryan Coombs (Capital Markets); Aaron Cohen (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).