State Street Corporation
10/01/2024 | Press release | Distributed by Public on 10/01/2024 05:20
Regulation FD Disclosure Form 8 K
Item 7.01. Regulation FD Disclosure.
On October 1, 2024, State Street Corporation ("State Street") notified the holders of its $1,000,000,000 aggregate principal amount of 2.354% Fixed-to-Floating Rate Senior Notes due 2025 (the "Notes") that it will redeem all of the Notes on November 1, 2024 (the "Redemption Date"). The Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Amount"). On and after the Redemption Date, interest will cease to accrue on the Notes.
State Street intends to fund the aggregate redemption price using cash on hand.
The information in Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.