Free Writing Prospectus

FILED PURSUANT TO RULE 433

REGISTRATION STATEMENT NO. 333-179875

DATED MAY 8, 2013

 

LOGO

STATE STREET CORPORATION

$500,000,000 1.350% Senior Notes due 2018

Pricing Details

 

Issuer:    State Street Corporation
Security:    1.350% Senior Notes due 2018
Aggregate Principal Amount:    $500,000,000
Trade Date:    May 8, 2013
Settlement Date (T+5):    May 15, 2013
Maturity Date:    May 15, 2018
Coupon:    1.350%
Price to Public (Issue Price):    99.904%
Yield to Maturity:    1.370%
Pricing Benchmark:    UST 0.625% Notes due April 30, 2018
UST Spot (Yield):    0.745%
Spread to Benchmark:    +62.5 basis points
Interest Payment Period:    Semi-annually
Interest Payment Dates:    Each November 15 and May 15, commencing on November 15, 2013
Day Count Convention:    30/360
Business Day Convention:    Following, Unadjusted
Denominations:    Minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof
Currency:    U.S. Dollars
CUSIP:    857477AK9
ISIN:    US857477AK94
Expected Ratings1:    A1 / A+ / A+ / AA (low) (Moody’s / S&P / Fitch / DBRS)
Joint Book-Running Managers:   

Merrill Lynch, Pierce, Fenner & Smith

                      Incorporated

Goldman, Sachs & Co.

Morgan Stanley & Co. LLC

Co-Managers:   

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

Junior Co-Managers:   

Samuel A. Ramirez & Company, Inc.

The Williams Capital Group, L.P.


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, dated May 8, 2013.

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.

 

1 

A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.