State Street issues 1.5M depositary shares of Series I preferred, raising ~$1.48B net

STATE STREET CORP

Issued 1,500,000 depositary shares each representing 1/100th interest in Series I Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, liquidation preference $100,000/share.
Expected net proceeds of approximately $1.481 billion after underwriting discount and expenses.
Underwriting agreement dated Jan 24, 2024 with BofA Securities, Deutsche Bank Securities, Goldman Sachs.
Series I Preferred created via Articles of Amendment filed Jan 30, 2024 with Massachusetts Secretary of State.
Deposit agreement entered with Equiniti Trust Company; legal opinion filed as Exhibit 5.1.

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