TD Ameritrade Announces Pricing of $750 Million Senior Notes Offering
March 04 2015 - 4:45PM
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 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. 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.
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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