debt
confidence high
sentiment neutral
materiality 0.55
State Street issues $2B in senior notes across three tranches
STATE STREET CORP
- Issued $300M floating-rate notes due 2028, $700M fixed-to-floating notes due 2028, and $1B 4.834% notes due 2030.
- Net proceeds of ~$1.991B after underwriting discounts and offering expenses.
- Underwriters include Morgan Stanley, Citigroup, HSBC Securities, and Loop Capital Markets.
- Notes are senior unsecured obligations; offering made under existing shelf registration statement.