Deals 07/31/2023

Loop Capital Markets mandated as active book-runner on $1.5 billion senior unsecured fixed/floating rate notes offering for State Street Corporation

On July 31, 2023, Loop Capital Markets was mandated as an active book-runner on a two-tranche, $1.5 billion senior unsecured fixed/floating rate notes offering for State Street Corporation. The bonds are rated A1/A/AA- across 3-year tranches. This transaction marks State Street’s third trip to the USD bond market in 2023, and Loop’s second mandate as an active book-runner on a State Street Corporation debt offering,

Use of proceeds are earmarked for general corporate purposes.