State Street issues 850,000 depositary shares of Series J Preferred Stock, nets ~$842.2M

STATE STREET CORP

850,000 depositary shares sold, each representing 1/100th of a Series J Preferred share.
Liquidation preference of $100,000 per preferred share ($1,000 per depositary share).
Net proceeds to State Street approximately $842.2 million after underwriting discount and expenses.
Underwriting agreement with Goldman Sachs & Co. LLC and UBS Securities LLC as representatives.
Series J is Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock; no stated dividend rate in filing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.