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S&P rates Charles Schwab notes A-
S&P said it rated Charles Schwab Corp.'s $1.3 billion of senior unsecured notes A-.
The A- ratings on Schwab’s outstanding debt is unchanged.
The company will use the proceeds, combined with $2.35 billion of senior unsecured debt issued in August 2023, to refinance $3.65 billion of maturities coming in 2024.
The outlook is stable.
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