debt
confidence high
sentiment neutral
materiality 0.55
State Street Bank issues $1.25B in senior notes: 4.701% due 2029, 5.217% due 2034
STATE STREET CORP
- Issued $750M of 4.701% Senior Notes due 2029 and $500M of 5.217% Senior Notes due 2034.
- Net proceeds expected to be approximately $1.244 billion after discounts and expenses.
- Notes issued by State Street Bank and Trust Company, a wholly-owned subsidiary of State Street Corp.
- Offering exempt from registration under Section 3(a)(2) of the Securities Act.
- Fiscal agency agreement with U.S. Bank Trust Company, National Association.