Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
May 09 2013 - 6:03AM
Edgar (US Regulatory)
FILED PURSUANT TO RULE 433
REGISTRATION STATEMENT NO. 333-179875
DATED MAY 8, 2013
STATE STREET CORPORATION
$1,000,000,000 3.100% Senior Subordinated Notes due 2023
Pricing Details
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Issuer:
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State Street Corporation
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Security:
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3.100% Senior Subordinated Notes due 2023
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Aggregate Principal Amount:
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$1,000,000,000
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Trade Date:
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May 8, 2013
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Settlement Date (T+5):
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May 15, 2013
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Maturity Date:
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May 15, 2023
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Coupon:
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3.100%
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Price to Public (Issue Price):
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99.838%
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Yield to Maturity:
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3.119%
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Pricing Benchmark:
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UST 2.000% Notes due February 15, 2023
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UST Spot (Yield):
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1.769%
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Spread to Benchmark:
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+135 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 November 15 and May 15, commencing on
November 15, 2013
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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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857477AL7
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ISIN:
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US857477AL77
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Expected Ratings
1
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A2 / A / A / A (high) (Moody’s / S&P / Fitch / DBRS)
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Joint Book-Running Managers:
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Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Goldman, Sachs & Co.
Morgan Stanley & Co. LLC
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Co-Managers:
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Barclays Capital Inc.
Credit
Suisse Securities (USA) LLC
Deutsche Bank Securities Inc.
HSBC Securities (USA) Inc.
Lloyds Securities Inc.
UBS Securities LLC
Wells Fargo Securities,
LLC
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Junior Co-Managers:
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Samuel A. Ramirez & Company, Inc.
The Williams Capital Group, L.P.
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At March 31, 2013, on a consolidated basis, State Street Corporation’s outstanding senior
indebtedness totaled approximately $6.341 billion, and after giving effect to the issuance of $500,000,000 aggregate principal amount of the senior notes due 2018 offered by the preliminary prospectus supplement, dated May 8, 2013 (the
“Preliminary Prospectus Supplement”), would have totaled approximately $6.841 billion.
Other financial information presented in the
Preliminary Prospectus Supplement is deemed to have changed to the extent affected by the changes described herein.
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322, Goldman, Sachs & Co at 1-866-471-2526 or Morgan Stanley & Co. LLC at
1-866-718-1649.
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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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