TD Ameritrade Announces Pricing of $800 Million Senior Notes Offering

TD Ameritrade press release April 24, 2017 ------- TD Ameritrade Holding Corporation (Nasdaq: AMTD) announced the pricing of an underwritten public offering of $800 million of the Company’s senior notes due 2027. The notes will bear interest at a rate of 3.300 percent, payable semi-annually on April 1 and October 1 of each year, beginning on Oct. 1, 2017. The notes will mature on Apr. 1, 2027. The Company intends to use the net proceeds from the sale of the notes for general corporate purposes including, but not limited to, financing the acquisition of Scottrade Financial Services, Inc. The offering is expected to close Apr. 27, 2017, subject to customary closing conditions. To learn more click on the picture below to read the release.