The Firm represented the underwriters, led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as joint bookrunning managers, in connection with a public offering of $1.1 billion aggregate principal amount of debt securities of The Charles Schwab Corporation, consisting of $500 million aggregate principal amount of 3.55% Senior Notes due 2024 and $600 million aggregate principal amount of 4% Senior Notes due 2029. The offering closed on October 31, 2018.
The Charles Schwab Corporation is headquartered in San Francisco and, through its operating subsidiaries, provides a full range of wealth management, securities brokerage, banking, money management, custody and financial advisory services to individual investors and independent investment advisors.
The Simpson Thacher team included Roxane Reardon and Conor Colasurdo (Capital Markets); Adam J. Cohen and Spencer Sloan (Bank Regulatory); Jonathan Cantor (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).