DESCRIPTION OF OTHER INDEBTEDNESS
Senior Unsecured Revolving Credit Facilities
On April 21, 2017, the Company entered into a credit agreement consisting of a senior unsecured revolving credit facility in the aggregate
principal amount of $300 million (the revolving credit agreement). The maturity date of the revolving credit agreement is April 21, 2022. TD Ameritrade Clearing, Inc. (TDAC), the Companys clearing
broker-dealer subsidiary, currently maintains two senior unsecured committed revolving credit facilities in an aggregate principal amount of $1.45 billion, consisting of a $600 million (the $600 million revolving facility)
and an $850 million (the $850 million revolving facility) senior revolving facility (collectively, the TDAC revolving facilities, and together with the revolving credit agreement, the senior unsecured
revolving credit facilities) entered into on April 21, 2017 and May 16, 2019, respectively. The maturity dates of the $600 million revolving facility and the $850 million revolving facility are April 21, 2022 and
May 14, 2020, respectively.
As of June 30, 2019, there were no borrowings outstanding under the senior unsecured revolving
credit facilities.
For more information regarding the senior unsecured revolving credit facilities, see our Quarterly Report on
Form 10-Q
for the quarter ended June 30, 2019, which is incorporated herein by reference.
Senior Notes
On November 25, 2009, the Company sold, through a public offering, $500 million aggregate principal amount of 5.600% Senior
Notes due December 1, 2019 (the 2019 notes). Interest on the 2019 notes is payable semi-annually in arrears on June 1 and December 1 of each year. The 2019 notes are required to be jointly and severally and fully and
unconditionally guaranteed by each of the Companys current and future subsidiaries that is or becomes a borrower or a guarantor under the revolving credit agreement. Currently, there are no subsidiary guarantors of the Companys
obligations under the 2019 notes.
On October 17, 2014, the Company sold, through a public offering, $500 million aggregate
principal amount of unsecured 3.625% Senior Notes due April 1, 2025 (the 2025 notes). Interest on the 2025 notes is payable semi-annually in arrears on April 1 and October 1 of each year. The Companys obligations in
respect of the 2025 notes are not guaranteed by any of its subsidiaries.
On March 4, 2015, the Company sold, through a public
offering, $750 million aggregate principal amount of unsecured 2.950% Senior Notes due April 1, 2022 (the 2022 notes). Interest on the 2022 notes is payable semi-annually in arrears on April 1 and October 1 of each
year. The Companys obligations in respect of the 2022 notes are not guaranteed by any of its subsidiaries.
On April 27, 2017,
the Company sold, through a public offering, $800 million aggregate principal amount of unsecured 3.300% Senior Notes due April 1, 2027 (the 2027 notes). Interest on the 2027 notes is payable semi-annually in arrears on
April 1 and October 1 of each year. The Companys obligations in respect of the 2027 notes are not guaranteed by any of its subsidiaries.
On October 30, 2018, the Company sold, through a public offering, $600 million aggregate principal amount of unsecured floating rate
senior notes due November 1, 2021 (the 2021 notes) and $400 million aggregate principal amount of unsecured 3.750% senior notes due April 1, 2024 (the 2024 notes). Interest on the 2021 notes is payable on
February 1, May 1, August 1 and November 1 of each year. Interest on the 2024 notes is payable on April 1 and October 1 of each year. The Companys obligations in respect of the 2021 notes and the 2024 notes are
not guaranteed by any of its subsidiaries.
For more information regarding these notes, see Note 7 in our unaudited interim condensed
consolidated financial statements incorporated by reference herein.
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