State Street issued $1,200,000,000 of 4.330% Senior Notes due 2027 and $300,000,000 of Floating Rate Senior Notes due 2027 in a public offering on October 22, 2024 under a Form S-3 registration statement.

1. 01

   State Street issued $1,200,000,000 of 4.330% Senior Notes due 2027 and $300,000,000 of Floating Rate Senior Notes due 2027 in a public offering on October 22, 2024 under a Form S-3 registration statement.

2. 02

   On the same day, it also issued $800,000,000 of Fixed-to-Floating Rate Senior Notes due 2032. Together with the two series due 2027, these notes are defined as the "Notes."

3. 03

   The company said it expects to receive net proceeds of about $2.290 billion from the Notes offering, after deducting underwriting discounts and estimated offering expenses.

4. 04

   The company said the notes were sold on October 17, 2024 under an underwriting agreement with BMO Capital Markets Corp., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Siebert Williams Shank & Co., LLC as representatives of the underwriters. The trustee is U.S. Bank Trust Company, National Association.

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Original filing

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