Obligation Charles Schwab & Co. 5.95% ( US8085136005 ) en USD

Charles Schwab & Co.

100 % ⇌

Etas-Unis

US8085136005 ( en USD )

5.95% par an ( paiement semestriel )

Perpétuelle

Prospectus brochure de l'obligation Charles Schwab US8085136005 en USD 5.95%, échéance Perpétuelle

25 USD

750 000 000 USD

808513600

01/03/2026 ( Dans 20 jours )

Charles Schwab est une société de services financiers américaine offrant une gamme de services de courtage, de gestion de placements et de banque aux particuliers et aux investisseurs institutionnels.

Charles Schwab, un géant des services financiers américains et un acteur majeur du courtage en ligne et de la gestion d'actifs, a émis une obligation identifiable par le code ISIN US8085136005 et le code CUSIP 808513600, un instrument de dette de type perpétuel sans date de maturité finale spécifiée, originaire des États-Unis et libellé en dollars américains (USD). Cette émission se caractérise par un taux d'intérêt annuel fixe de 5,95% versé avec une fréquence de paiement bimensuelle, ce qui correspond à deux fois par an, et représente une taille totale d'émission de 750 000 000 USD, actuellement cotée au pair sur le marché à 100% de sa valeur nominale, avec une taille minimale à l'achat fixée à 25 unités.

FWP 1 d146547dfwp.htm FWP
Filed Pursuant to Rule 433
Dated February 29, 2016
Registration Statement: No. 333-200939
The Charles Schwab Corporation
30,000,000 DEPOSITARY SHARES,
EACH REPRESENTING A 1/40th INTEREST IN A SHARE OF 5.95% NON-CUMULATIVE PERPETUAL
PREFERRED STOCK, SERIES D
(liquidation preference $1,000 per share (equivalent to $25 per depositary share))
SUMMARY OF TERMS
Issuer:
The Charles Schwab Corporation
Security Offered:
Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.95%
Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred
Stock")
Expected Ratings1:
Baa2 (Moody's) /BBB (S&P) / BB+ (Fitch)
Size:
$750,000,000 (30,000,000 depositary shares)2
Over-allotment Option:
None
Liquidation Preference:
$1,000 per share of Series D Preferred Stock (equivalent to $25 per depositary
share)
Aggregate liquidation preference of $750,000,000
Dividend Rate (Non-Cumulative):
5.95% per annum from the date of initial issuance
Dividend Payment Dates:
March 1, June 1, September 1 and December 1 of each year, commencing June
1, 2016
Day Count:
30/360
Term:
Perpetual
Optional Redemption:
In whole or in part, from time to time, on any dividend payment date on or
after June 1, 2021, or in whole but not in part, at any time within 90 days
following a regulatory capital treatment event (as defined in the preliminary
prospectus supplement dated February 29, 2016)
Trade Date:
February 29, 2016
1
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension
or withdrawal at any time.
2
Consists of 1,072,000 depositary shares sold to institutional investors and 28,928,000 depositary shares sold to retail
investors.

Settlement Date:
March 7, 2016 (T+5)
Public Offering Price:
$25.00 per depositary share
Underwriting Discounts and Commissions:
$0.3125 per depositary share sold to institutional investors
$0.7875 per depositary share sold to retail investors
Estimated Net Proceeds to Issuer, After
$725 million
Deducting Underwriting Discounts and
Commissions and Offering Expenses:
Listing:
We intend to apply to list the depositary shares on the New York Stock
Exchange ("NYSE") under the symbol "SCHW PrD." If the application is
approved, we expect trading of the depositary shares on the NYSE to begin
within the 30-day period after the initial delivery of the depositary shares.
CUSIP/ISIN:
808513 600 / US8085136005
Joint Book-Running Managers:
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Morgan Stanley & Co. LLC
UBS Securities LLC
Wells Fargo Securities, LLC
J.P. Morgan Securities LLC
Senior Co-Managers:
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Goldman, Sachs & Co.
Co-Managers:
BNY Mellon Capital Markets, LLC
Lloyds Securities Inc.
RBC Capital Markets, LLC
U.S. Bancorp Investments, Inc.
CAPITALIZATION--AS ADJUSTED
The following table sets forth the Issuer's consolidated cash and cash equivalents and capitalization at December 31, 2015, as
adjusted for the offering of 30,000,000 depositary shares.
As adjusted for
(In millions)
the Offering
Cash and cash equivalents
$
12,703
Preferred stock
$
2,184
Total stockholders' equity
$
14,127
Total capitalization
$
17,017

The Issuer has filed a registration statement (including a preliminary prospectus supplement and accompanying
prospectus) with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this
communication relates. Before you invest, you should read the preliminary prospectus supplement and accompanying
prospectus and other documents the Issuer has filed with the SEC for more complete information about the Issuer and
this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the
preliminary prospectus supplement and accompanying prospectus if you request it by calling Merrill Lynch, Pierce,
Fenner & Smith Incorporated toll-free at 1-800-294-1322, Morgan Stanley & Co. LLC toll-free at 1-866-718-1649, UBS
Securities LLC toll-free at 1-877-827-7275, Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or J.P. Morgan
Securities LLC collect at 212-834-4533.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be
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