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Published on 11/21/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Charles Schwab to redeem all $494 million of its 4.95% senior notes

By Tali David

Minneapolis, Nov. 21 - The Charles Schwab Corp. plans to redeem all $494 million of its 4.95% senior notes due 2014, according to a news release.

The notes will be redeemed at par plus a make-whole premium and accrued interest on Dec. 21.

Charles Schwab is a San Francisco-based investment company.


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