State Street Corporation’s $850 Million Notes Offering

Wilmer Cutler Pickering Hale and Dorr LLP advised State Street Corporation on the deal, while Cravath represented the underwriters.

State Street Corporation announced its $850 million registered senior subordinated notes offering. Net proceeds from the offering will be used for general corporate purposes. The transaction closed March 3, 2021.

BofA Securities, Inc., CastleOak Securities, L.P., Goldman Sachs & Co. LLC, Siebert Williams Shank & Co., LLC, Blaylock Van, LLC, Great Pacific Securities, Loop Capital Markets LLC, and Samuel A. Ramirez & Company, Inc. acted as underwriters for this offering.

State Street Corporation is a leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading.

The WilmerHale team was led by Erika Robinson (Picture), Justin Ochs, Andrew Langworthy, Jason Hyatt and J.P. Mohler, and included Julie Hogan Rodgers and Seth Davis.

Cravath represented the underwriters with partner Craig F. Arcella and associates Ryan J. Wichtowski and Benjamin J. Barocas on capital markets matters, and partner Kara L. Mungovan and associate Carlos Nicholas Obando on tax matters. Sonia Katharani-Khan also worked on tax matters.

Involved fees earner: Craig Arcella – Cravath Swaine & Moore; Benjamin Barocas – Cravath Swaine & Moore; Sonia Katharani-Khan – Cravath Swaine & Moore; Kara Mungovan – Cravath Swaine & Moore; Carlos Nicholas Obando – Cravath Swaine & Moore; Ryan Wichtowski – Cravath Swaine & Moore; Seth Davis – WilmerHale; Julie Hogan Rodgers – WilmerHale; Jason Hyatt – WilmerHale; Andrew Langworthy – WilmerHale; J.P. Mohler – WilmerHale; Justin Ochs – WilmerHale; Erika Robinson – WilmerHale;

Law Firms: Cravath Swaine & Moore; WilmerHale;

Clients: Bank of America Securities; Blaylock Van, LLC; CastleOak Securities; Goldman Sachs & Co.; Great Pacific Securities; Loop Capital Markets; Samuel A. Ramirez & Company, Inc.; Siebert Williams Shank & Co. LLC; State Street Corporation;

Author: Martina Bellini