debt
confidence high
sentiment neutral
materiality 0.40
State Street issues $1B of 4.993% Senior Notes due 2027
STATE STREET CORP
- Issued $1,000M aggregate principal of 4.993% Senior Notes due 2027 in a public offering.
- Expected net proceeds of ~$995.7M after underwriting discount and estimated expenses.
- Notes issued under an indenture with U.S. Bank Trust Company as trustee.
- Underwriting agreement with Morgan Stanley, Blaylock Van, Scotia Capital, and UBS Securities.
- Notes are senior unsecured obligations of State Street Corporation.