BackSummary
State Street issued $1.5 billion in senior notes due 2032 and 2037, with net proceeds of approximately $1.492 billion.
Key takeaways
- Issued $800M 4.558% fixed-to-floating notes due 2032 and $700M 5.094% notes due 2037.
- Net proceeds of ~$1.492B after underwriting discounts and expenses.
- Notes are senior unsecured obligations under existing indenture.
- Underwriters include Morgan Stanley, Deutsche Bank, Goldman Sachs, UBS.