State Street Corporation reported the issuance of $750,000,000 in aggregate principal amount of Fixed-to-Floating Rate Senior Notes due 2037 on October 20, 2026. The notes were sold in a public offering pursuant to a registration statement on Form S-3 (File No. 333-288196) and a related prospectus supplement filed with the SEC.
The offering was conducted under an Indenture dated October 31, 2014, as amended by the First Supplemental Indenture dated May 8, 2017, and the Second Supplemental Indenture dated March 30, 2020. U.S. Bank Trust Company, National Association, serves as the trustee for the notes.
The sale was managed by a syndicate of underwriters, including Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc., and TD Securities (USA) LLC. State Street expects to receive net proceeds of approximately $745.6 million from the offering, after deducting underwriting discounts and estimated expenses.
Separately, on the same date, State Street Bank and Trust Company, a wholly-owned subsidiary, issued $500,000,000 in Floating Rate Senior Notes due 2028 and $750,000,000 in 5.147% Senior Notes due 2028. These bank notes were sold pursuant to a purchase agreement dated October 15, 2026, and are exempt from registration under Section 3(a)(2) of the Securities Act of 1933. State Street Bank expects net proceeds of approximately $1.246 billion from this issuance.
