Charles Schwab pricing $500 million of three-year notes Monday

By Andrea Heisinger

New York, Dec. 3 - Charles Schwab Corp. is pricing $500 million of three-year senior notes (A2/A/) Monday, according to a market source and a 424B5 filing with the Securities and Exchange Commission.

Bookrunners are Citigroup Global Markets Inc. and Goldman Sachs & Co.

Proceeds will be used for general corporate purposes.

Schwab was last in the straight bond market with a $100 million reopening of 4.45% notes due 2020 on Aug. 5, 2010.

The brokerage, banking and financial services company is based in San Francisco.

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