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E*TRADE Financial Corporation Announces Pricing of Senior Notes

08/15/17 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC) today announced the pricing of $1 billion in aggregate principal amount of Senior Notes in two tranches. The first tranche of $600 million aggregate principal amount of Senior Notes due 2022 will bear interest at an annual rate of 2.95% and will mature on August 24, 2022. The second tranche of $400 million aggregate principal amount of Senior Notes due 2027 will bear interest at an annual rate of 3.80% and will mature on August 24, 2027 (collectively, the "Senior Notes"). E*TRADE expects to close the sale of the notes on August 24, 2017 subject to the satisfaction o... More


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