State Street Raises $2B

State Street has raised $2 billion through a sale of senior unsecured notes in three parts.

State Street has raised $2 billion through a sale of senior unsecured notes in three parts, Reuters reports.Bank of America Merrill Lynch and Morgan Stanley were the joint bookrunning managers for the transaction. The $250 million notes sold in the first tranche are due to mature on March 7, 2014. The $1 billion notes sold in the second tranche are due to mature on March 7, 2016, while the $750 million notes sold in the third tranche are due to mature on March 7, 2021.

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