State Street ( (STT) ) has issued an update.
On February 26, 2025, State Street Corporation announced its plan to redeem its $500 million 2.901% Fixed-to-Floating Rate Senior Notes due 2026 on March 30, 2025. The redemption will be at the principal amount plus accrued interest, with payment scheduled for the next business day. This move indicates State Street’s strategic financial management, utilizing cash on hand to fund the redemption, which may impact its liquidity and financial positioning.
More about State Street
YTD Price Performance: 1.19%
Average Trading Volume: 2,088,552
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $28.43B
Find detailed analytics on STT stock on TipRanks’ Stock Analysis page.