Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
State Street ( (STT) ) just unveiled an update.
State Street Corporation has announced that it will redeem all of its $1 billion senior notes with a 2.354% fixed-to-floating rate, due in 2025, on November 1, 2024. The notes will be bought back at their full principal amount, plus any accrued interest up until the redemption date. Post-redemption, interest will no longer accumulate, and State Street plans to use its available cash to cover the redemption costs.
See more data about STT stock on TipRanks’ Stock Analysis page.