UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01. | Other Events |
On November 25, 2024, State Street Bank and Trust Company, a Massachusetts trust company (“State Street Bank”) and a direct, wholly-owned subsidiary of State Street Corporation, issued $300,000,000 aggregate principal amount of Floating Rate Senior Notes due 2026, $1,150,000,000 aggregate principal amount of 4.594% Senior Notes due 2026 and $800,000,000 aggregate principal amount of 4.782% Senior Notes due 2029 (collectively, the “Bank Notes”), in an offering exempt from registration under Section 3(a)(2) of the Securities Act of 1933, as amended.
In connection with the issuance of the Bank Notes, on November 25, 2024, State Street Bank entered into a fiscal agency agreement (the “Fiscal Agency Agreement”) with U.S. Bank Trust Company, National Association, a national banking association organized under the laws of the United States, as fiscal agent for the Bank Notes. The above descriptions of the Bank Notes and the Fiscal Agency Agreement are qualified in their entirety by reference to the Fiscal Agency Agreement (including the forms of the Bank Notes included therein), which is filed as Exhibit 4.1 hereto and incorporated herein by reference.
The sale of the Bank Notes was made pursuant to the terms of a purchase agreement dated November 20, 2024 (the “Purchase Agreement”), entered into by and among State Street Bank and Morgan Stanley & Co. LLC, Academy Securities, Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC, as representatives of the initial purchasers named therein.
State Street Bank expects to receive net proceeds from the offering of the Bank Notes of approximately $2.241 billion, after deducting the initial purchaser discounts and estimated offering expenses.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit |
Description | |
| 4.1 | Fiscal Agency Agreement, dated November 25, 2024, by and between State Street Bank and Trust Company and U.S. Bank Trust Company, National Association | |
| 4.2 | Form of Floating Rate Senior Notes due 2026 (included in Exhibit 4.1) | |
| 4.3 | Form of 4.594% Senior Notes due 2026 (included in Exhibit 4.1) | |
| 4.4 | Form of 4.782% Senior Notes due 2029 (included in Exhibit 4.1) | |
| *104 | Cover Page Interactive Data File (formatted as Inline XBRL) | |
| * | Submitted electronically herewith |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STATE STREET CORPORATION | ||
| By: | /s/ Elizabeth M. Schaefer | |
| Name: | Elizabeth M. Schaefer | |
| Title: | Senior Vice President and Chief Accounting Officer | |
Date: November 25, 2024