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The Charles Schwab Corporation Announces Redemption of Trust Preferred Securities

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The Charles Schwab Corporation Announces Redemption of Trust Preferred Securities Powered By Docstoc
					
				
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posted:7/31/2012
language:English
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Description: SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation (the “Company”) announced today its decision to redeem all of the Fixed to Floating Rate Trust Preferred Securities issued by Schwab Capital Trust I (the “Trust Preferred Securities”). The Trust Preferred Securities are being redeemed, along with the common securities issued by Schwab Capital Trust I and held by the Company, as a result of the concurrent redemption in whole by the Company of the junior subordinated notes held by Schw a style='f
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