The Firm represented the underwriters, led by BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as joint bookrunning managers, in connection with the public offering by The Charles Schwab Corporation (“Charles Schwab”) of $2.25 billion of Senior Notes, consisting of $500 million of Floating Rate Senior Notes due 2026, $1 billion of 1.15% Senior Notes due 2026 and $750 million of 2.3% Senior Notes due 2031. The offering closed on May 13, 2021.
Charles Schwab is a savings and loan holding company and engages, through its subsidiaries, in wealth management, securities brokerage, banking, asset management, custody and financial advisory services.
The Simpson Thacher team included Roxane F. Reardon, Arielle L. Katzman and Pia Figuerola (Capital Markets); Jonathan Cantor and Edward Grais (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); Genevieve Dorment (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).