TD Ameritrade Announces Pricing of $500 Million Senior Notes Offering
October 17 2014 - 3:26PM
Business Wire
TD Ameritrade Holding Corporation (the “Company”) (NYSE: AMTD)
today announced the pricing of an underwritten public offering of
$500 million of the Company’s senior notes due 2025 (the
“notes”).
The notes will bear interest at a rate of 3.625 percent, payable
semi-annually on April 1 and October 1 of each year, beginning on
Apr. 1, 2015. The notes will mature on Apr. 1, 2025.
The Company intends to use the net proceeds from the sale of the
notes, together with cash on hand, to repay the $500 million
aggregate principal amount of the Company’s 4.150 percent senior
notes that mature on Dec. 1, 2014.
The offering is expected to close Oct. 22, 2014, subject to
customary closing conditions.
Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith
Incorporated and Wells Fargo Securities, LLC are acting as
book-running managers of the offering. In addition, J.P. Morgan
Securities LLC, TD Securities (USA) LLC and U.S. Bancorp
Investments, Inc. 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 Barclays Capital Inc. toll-free at 888-603-5847 or
barclaysprospectus@broadridge.com, from Merrill Lynch, Pierce,
Fenner & Smith Incorporated toll-free at 1-800-294-1322 or
dg.prospectus_requests@baml.com or from Wells Fargo Securities,
LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina
28262 or by calling toll-free at 800-326-5897 or emailing:
cmclientsupport@wellsfargo.com.
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 CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and
education to help make investing and trading easier to understand
and do. Online or over the phone. In a branch or with an
independent RIA. First-timer or sophisticated trader. Our clients
want to take control, and we help them decide how - bringing Wall
Street to Main Street for more than 39 years. An official sponsor
of the 2014 and 2016 U.S. Olympic and Paralympic Teams, as well as
an official sponsor of the National Football League,
TD Ameritrade has time and again been recognized as a leader
in investment services.
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. 22,
2013 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.
TD Ameritrade Holding CorporationFor Media:Kim Hillyer,
402-574-6523Director, Communications & Public
Affairskim.hillyer@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Director, Investor Relations
& Financejeffrey.goeser@tdameritrade.com
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