-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OKQIVLEyIELFJVdf9BCLDn7VFQpTzieSq9ehviBDn6WaF4lNYbKtMyT4YE0J6OeK pAXmEU8fB8wTss0+qgpp7g== 0000316709-99-000006.txt : 19990429 0000316709-99-000006.hdr.sgml : 19990429 ACCESSION NUMBER: 0000316709-99-000006 CONFORMED SUBMISSION TYPE: 424B5 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB CHARLES CORP CENTRAL INDEX KEY: 0000316709 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 943025021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B5 SEC ACT: SEC FILE NUMBER: 333-12727 FILM NUMBER: 99602862 BUSINESS ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4156277000 MAIL ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 424B5 1 PRICING SUPPLEMENT DATED APRIL 26, 1999 Pricing Supplement Dated April 26, 1999 (To Prospectus dated July 8, 1998, and Prospectus Supplement dated July 13, 1998) The Charles Schwab Corporation Medium-Term Notes, Series A (Fixed Rate) - -------------------------------------------------------------------------------- Trade Date: April 26, 1999 Original Issue Date: April 29, 1999 Principal Amount: $20,000,000 Net Proceeds to Issuer: $19,880,000 Issue Price: 100% Interest Payable: March 1, September 1, Agent's Discount or Commission: .600% and at maturity Interest Rate: 6.30% Agent's Capacity: X Principal --- Maturity Date: April 28, 2006 Agent --- - -------------------------------------------------------------------------------- Form: X Book-Entry --- Certificated --- Redemption: X The Notes cannot be redeemed prior to maturity --- The Notes may be redeemed prior to maturity --- Initial Redemption Date: Initial Redemption Price: Annual Redemption Price Reduction: Repayment: X The Notes cannot be repaid prior to maturity --- The Notes can be repaid prior to maturity at the option of the holder of the note --- Repayment Date: Repayment Price: Discount Note: Yes X No --- --- Total Amount of OID: Yield to Maturity: Initial Accrual Period: Ranking: X Senior Senior Subordinated --- --- The second paragraph under the caption "Sale, Exchange or Retirement of the Notes" in the Company's Prospectus Supplement, dated July 13, 1998, is hereby amended in its entirety to read as follows: Subject to the discussion relating to Short-Term Notes above, gain or loss realized on the sale, exchange or retirement of a Note will be capital gain or loss. For this purpose, Holders of Amortizing Notes acquired at a cost less than par will recognize some amount of capital gain upon the receipt of each principal payment, the same as though they had sold a proportionate amount of the related Amortizing Note. As a general rule, gains realized by certain noncorporate Holders from the sale, exchange or redemption of a Note, or upon the receipt of a principal payment on an Amortizing Note acquired at a cost less than par, may be taxable at lower maximum rates than ordinary income if such Holder has held the Note for more than one year. The distinction between capital gain or loss and ordinary income or loss is also relevant for purposes of, among other things, limitations on the deductibility of capital losses. Morgan Stanley Dean Witter -----END PRIVACY-ENHANCED MESSAGE-----