debt
confidence high
sentiment neutral
materiality 0.50
State Street issues $1.5B in senior and subordinated notes due 2029/2034
STATE STREET CORP
- Issued $1.0B Fixed-to-Floating Rate Senior Notes due 2029 and $500M Subordinated Notes due 2034.
- Net proceeds estimated at ~$1.492B after underwriting discounts and expenses.
- Underwriters include Citigroup, HSBC, Siebert Williams Shank, and UBS Securities LLC.
- Notes sold under an S-3 registration statement; dated November 16 and closed November 21, 2023.