State Street notified holders of its $1,000,000,000 aggregate principal amount of 2.354% Fixed-to-Floating Rate Senior Notes due 2025 that it will redeem all of the Notes on October 1, 2024.

1. 01

   State Street notified holders of its $1,000,000,000 aggregate principal amount of 2.354% Fixed-to-Floating Rate Senior Notes due 2025 that it will redeem all of the Notes on October 1, 2024.

2. 02

   State Street said the Redemption Date for the Notes is November 1, 2024, and that interest will not accrue on the Notes on and after that date.

3. 03

   The company said it will redeem the Notes at a redemption price of 100% of principal plus accrued and unpaid interest up to, but excluding, the day before the redemption date. The redemption date itself is excluded from interest calculations.

4. 04

   The company said it plans to fund the total redemption amount with cash on hand.

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Original filing

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