State Street Corporation 5.35% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series G
By: Tim McPartland,
Date Issued 4/4/2016
Shares Issued 20,000,000 Overallotment Shares None
S&P Rating BBB+ Moodys Rating Baa1
Security Ticker Symbol STT-G OTC Temp Ticker SSTTP
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 6/15/2016
Quarterly Dividend .334 Annual Dividend 1.338
Dividend will be fixed until 3/15/2026 and then will float at 3 month libor plus 3.709%
Securities may be redeemed, at the issuers option, as early as 03/15/2026 for a redemption price of $25/share plus accrued dividends.
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for State Street Corporation
Below you can find the offering Prospectus and Final Pricing Document
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