Loop Capital Markets mandated as active joint-bookrunner on $1.5 billion senior unsecured fixed/floating rate notes offering for State Street Corp.

On February 2, 2022, Loop Capital Markets was mandated as an active joint-bookrunner on a three-tranche, $1.5 billion senior unsecured fixed/floating rate notes offering for State Street Corp. The bonds are rated A1 /A/AA- across 4-year, 6-year, and 11-year tranches.

Use of proceeds are earmarked for general corporate purposes, which may include, working capital, capital expenditures, investments in or loans to subsidiaries, refinancing of outstanding indebtedness, refinancing of outstanding capital securities, share repurchases, dividends, funding potential future acquisitions and satisfaction of other obligations.