- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
March 03 2011 - 6:04AM
Edgar (US Regulatory)
FILED PURSUANT TO RULE 433
REGISTRATION STATEMENT NO. 333-157882
DATED MARCH 2, 2011
STATE STREET CORPORATION
$750,000,000 4.375% Senior Notes due 2021
Final Pricing Details
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Issuer:
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State Street Corporation
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Security:
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4.375% Senior Notes due March 7, 2021
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Aggregate Principal Amount:
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$750,000,000
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Trade Date:
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March 2, 2011
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Settlement Date (T+3):
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March 7, 2011
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Maturity Date:
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March 7, 2021
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Coupon:
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4.375%
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Price to Public (Issue Price):
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99.655%
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Yield to Maturity:
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4.418%
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Pricing Benchmark:
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UST 3.625% Notes due February 15, 2021
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UST Spot (Yield):
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3.468%
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Spread to Benchmark:
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+ 95 basis points
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Interest Payment Period:
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Semi-annually
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Interest Payment Dates:
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Each March 7 and September 7, commencing on September 7, 2011
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Day Count Convention:
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30/360
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Business Day Convention:
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Following, Unadjusted
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Denominations:
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Minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof
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Currency:
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U.S. Dollars
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CUSIP:
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857477 AG8
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ISIN:
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US857477AG82
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Expected Ratings
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Standard & Poor’s: A+
Moody’s: A1
Fitch: A+
DBRS: AA (low)
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Joint Book-Running Managers:
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Morgan Stanley & Co. Incorporated
Merrill Lynch, Pierce, Fenner & Smith Incorporated
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Co-Managers:
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Barclays Capital Inc.
Credit Suisse Securities (USA) LLC
Lloyds
Securities Inc.
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Junior Co-Managers:
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Muriel Siebert & Co., Inc.
The Williams Capital Group, L.P.
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All terms used and not otherwise defined in
this final term sheet have the respective meanings assigned to such terms in the preliminary prospectus supplement.
The issuer has
filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with
the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the
offering will arrange to send you the prospectus if you request it by calling Morgan Stanley & Co. Incorporated at 1-866-718-1649 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322.
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A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
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