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Published on 10/6/2020 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P revises TD Ameritrade view to stable

S&P said it revised its outlook on TD Ameritrade Holding Corp. to stable from negative. The agency also affirmed the A ratings on TD Ameritrade its senior unsecured notes.

Charles Schwab closed its acquisition of TD Ameritrade. As a result, TD Ameritrade is now a wholly owned subsidiary of Charles Schwab. S&P said it considers the company to be a core subsidiary.

The stable outlook reflects S&P’s view on Charles Schwab.


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