News & Deep Analysis
SCHW-PJ

Charles Schwab Issues $2.6B Senior Notes

Published: August 12, 2026
SCHWAB CHARLES CORP

Direct News

  • Ticker: SCHW-PJ
  • Amount raised: $2.58 billion
  • Instrument: fixed-to-floating senior notes
  • Date: 2026-08-12

Historical Context

Prior 2026 capital transactions referenced: - 2026-06-29: Issued $1 billion of 4.603% Senior Notes due 2029. - 2026-05-21: Issued $2.25 billion Fixed-to-Floating Senior Notes due 2030 and 2037. - 2026-04-22: Series L Preferred Stock offering raised $1.48 billion. The 2026-08-12 $2.58 billion fixed-to-floating senior notes offering follows these actions and contributes to aggregate capital raised of $7.31 billion across the listed 2026 transactions.

Deal context and 2026 capital activity

On 2026-08-12, Charles Schwab (SCHW-PJ) completed a $2.58 billion offering of fixed-to-floating senior notes. The transaction is recorded as a fixed-to-floating senior notes issuance on that date. This issuance adds to a sequence of capital markets transactions by the company in 2026. When combined with the prior items listed below (2026-06-29, 2026-05-21 and 2026-04-22), the total amount raised across these transactions is $7.31 billion. Notably, the 2026 activity includes more than one fixed-to-floating senior notes offering (including the 2026-05-21 issuance), indicating repeated use of that instrument type during the period covered by these disclosures.

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