8-KItem 8.01 · Other EventsItem 9.01 · Financial Statements
State Street Raises $495.7 Million Through Series L Preferred Offering
Filed with the SEC on · Summarized by InvestorsBot
State Street sold 500,000 depositary shares on August 12, 2026, each representing a 1/100th interest in a share of Series L fixed-rate reset non-cumulative perpetual preferred stock, with each depositary share representing a $1,000 liquidation preference. The company expects net proceeds of approximately $495.7 million after underwriting discounts and estimated expenses; Goldman Sachs and Morgan Stanley represented the underwriters, and Equiniti Trust Company serves as depositary.