The Firm represented the underwriters, led by Wells Fargo Securities, LLC, BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as joint bookrunning managers, in connection with the public offering by The Charles Schwab Corporation (“Charles Schwab”) of $2 billion aggregate principal amount of Senior Notes, consisting of $1 billion aggregate principal amount of 4.343% Fixed-to-Floating Rate Senior Notes due 2031 and $1 billion aggregate principal amount of 4.914% Fixed-to-Floating Rate Senior Notes due 2036.
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 to individual investors and independent investment advisors.
The Simpson Thacher team included Roxane Reardon, John Strubing and Sandy Cho (Capital Markets); Spencer Sloan (Bank Regulatory); Jonathan Cantor, Adam Hersch and Paul Jansch (Tax); Corina Holland (Intellectual Property); George Gerstein and Alexander Kharash (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).