State Street Corporation announced that it will redeem its $500 million aggregate principal amount of 2.901% Fixed-to-Floating Rate Senior Notes due 2026 on March 30, 2025. The redemption price will be 100% of the principal amount, plus accrued and unpaid interest up to the redemption date. Since the redemption date falls on a non-business day, payment will be made on the next business day. Interest on the notes will cease accruing after the redemption date. State Street will fund the redemption using cash on hand. The filing clarifies that the disclosure is not considered "filed" under the Securities Exchange Act or the Securities Act unless specifically referenced in another filing.
WS Investor
2025-02-26
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