TD Ameritrade Holdings to repay term loans with notes proceeds, cash

By Sara Rosenberg

New York, Nov. 19 - TD Ameritrade Holding Corp. plans to repay its term loans using proceeds from senior notes offerings and cash on hand, according to a 424B5 filed with the Securities and Exchange Commission on Thursday.

As of Nov. 18, there was $140.6 million outstanding under the company's term loan A and $1.266 billion outstanding under its term loan B.

TD is an Omaha, Neb.-based provider of securities brokerage services and technology-based financial services.

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