OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade Holding Corporation (the “Company”) (NYSE:AMTD) today announced the pricing of an underwritten public offering of $750 million of the Company’s senior notes due 2022 (the “notes”).
The notes will bear interest at a rate of 2.950 percent, payable semi-annually on April 1 and October 1 of each year, beginning on Oct. 1, 2015. The notes will mature on Apr. 1, 2022.
The Company intends to use the net proceeds from the sale of the notes for general corporate purposes including liquidity for operational contingencies.
The offering is expected to close Mar. 9, 2015, subject to customary closing conditions.
J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as book-running managers of the offering. In addition, Barclays Capital Inc., TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers.
The offering is being made solely by means of a prospectus supplement and a prospectus, which have been filed with the Securities and Exchange Commission and may be obtained by contacting J.P. Morgan Securities LLC collect at (212) 834-4533 or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.
This press release shall not constitute an offer to sell, or the solicitation of an offer to purchase, any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Source: TD Ameritrade Holding Corporation
About TD Ameritrade Holding Corporation
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Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org)/SIPC (www.SIPC.org).
Safe Harbor
This document contains forward-looking statements within the meaning of the federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws. These statements reflect only our current expectations and are not guarantees of future performance or results. These statements involve risks, uncertainties and assumptions that could cause actual results or performance to differ materially from those contained in the forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to: general economic and political conditions and other securities industry risks, fluctuations in interest rates, stock market fluctuations and changes in client trading activity, credit risk with clients and counterparties, increased competition, systems failures, delays and capacity constraints, network security risks, liquidity risks, new laws and regulations affecting our business, regulatory and legal matters and uncertainties and other risk factors described in our latest Annual Report on Form 10-K, filed with the SEC on Nov. 21, 2014 and our latest Quarterly Report on Form 10-Q filed thereafter. These forward-looking statements speak only as of the date on which the statements were made. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by the federal securities laws.
