Obligation Charles Schwab & Co. 5% ( US808513AR62 ) en USD

Charles Schwab & Co.

99.38 % ▼

Etas-Unis

US808513AR62 ( en USD )

5% par an ( paiement semestriel )

Perpétuelle

Prospectus brochure de l'obligation Charles Schwab US808513AR62 en USD 5%, échéance Perpétuelle

1 000 USD

500 000 000 USD

808513AR6

BBB- ( Qualité moyenne inférieure )

01/06/2026 ( Dans 114 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.

L'Obligation émise par Charles Schwab & Co. ( Etas-Unis ) , en USD, avec le code ISIN US808513AR62, paye un coupon de 5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le Perpétuelle
L'Obligation émise par Charles Schwab & Co. ( Etas-Unis ) , en USD, avec le code ISIN US808513AR62, a été notée BBB- ( Qualité moyenne inférieure ) par l'agence de notation Standard & Poor's ( S&P ).

FWP 1 d481003dfwp.htm FWP
Filed Pursuant to Rule 433
Dated October 25, 2017
Registration Statement: No. 333-200939
THE CHARLES SCHWAB CORPORATION
500,000 DEPOSITARY SHARES,
EACH REPRESENTING A 1/100th INTEREST IN A SHARE OF 5.00% FIXED-TO-FLOATING RATE
NON-CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES F
(liquidation preference $100,000 per share (equivalent to $1,000 per depositary share))
SUMMARY OF TERMS
Issuer:
The Charles Schwab Corporation
Security Offered:
Depositary Shares, Each Representing a 1/100th Interest in a Share of 5.00%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (the
"Series F Preferred Stock")
Expected Ratings1:
Baa2 (Moody's) / BBB (S&P) / BB+ (Fitch)
Size:
$500,000,000 (500,000 depositary shares)
Over-allotment Option:
None
Liquidation Preference:
$100,000 per share of Series F Preferred Stock (equivalent to $1,000 per depositary
share)
Dividend Rate (Non-Cumulative):
From October 31, 2017 to, but excluding, December 1, 2027, 5.00%, and from and
including December 1, 2027, three-month LIBOR plus a spread of 2.575%
Dividend Payment Dates:
Beginning June 1, 2018, each June 1 and December 1 until December 1, 2027, and
thereafter March 1, June 1, September 1 and December 1 of each year
Day Count:
From October 31, 2017 to, but excluding, December 1, 2027, 30/360, and from and
including December 1, 2027, Actual/360
Term:
Perpetual
Optional Redemption:
In whole or in part, from time to time, on any dividend payment date on or after
December 1, 2027, 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 October 25, 2017)
Trade Date:
October 25, 2017
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.

Settlement Date:
October 31, 2017 (T+4)
Public Offering Price:
$1,000 per depositary share
Underwriting Discounts and
$12.50 per depositary share
Commissions:
Estimated Net Proceeds to Issuer,
$492 million
After Deducting Underwriting
Discounts and Commissions and
Offering Expenses:
CUSIP/ISIN for Depositary Shares:
808513 AR6 / US808513AR62
Joint Book-Running Managers:
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Goldman Sachs & Co. LLC
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Wells Fargo Securities, LLC
Co-Managers:
Morgan Stanley & Co. 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 June 30, 2017, as
adjusted for the offering of 500,000 depositary shares.
As adjusted for
(In millions)
the Offering
Cash and cash equivalents
$
10,067
Preferred stock
$
3,275
Total stockholders' equity
$
17,981
Total capitalization
$
21,499
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 Citigroup Global Markets
Inc. toll-free at 1-800-831-9146, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, Goldman Sachs & Co.
LLC collect at 212-902-1171, J.P. Morgan Securities LLC collect at 212-834-4533,

Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 or Wells Fargo Securities, LLC toll-free
at 1-800-645-3751.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be
disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by
Bloomberg or another email system.