financetom
Business
financetom
/
Business
/
State Street Issues $2.3 Billion in Senior Debt
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
State Street Issues $2.3 Billion in Senior Debt
Oct 23, 2024 1:03 AM

03:30 AM EDT, 10/23/2024 (MT Newswires) -- State Street (STT) said late Tuesday it issued $2.3 billion of senior debt.

Siebert Williams Shank & Co. served as the joint book-running manager for the transaction, while CAVU Securities, C.L. King & Associates, Penserra Securities and Roberts & Ryan acted as co-managers, the company said.

"All five broker-dealers are owned by underrepresented groups and, collectively, have underwritten 40% of the securities in the issuance," State Street said.

The underwriting syndicate further included Morgan Stanley, BMO Capital Markets and Citigroup Global Markets.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Looking At Micron Technology's Recent Unusual Options Activity
Looking At Micron Technology's Recent Unusual Options Activity
Nov 3, 2024
Deep-pocketed investors have adopted a bearish approach towards Micron Technology ( MU ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MU usually suggests something big is about to happen. We gleaned this information...
Super Micro Computer Shares Slump After Accounting Firm Resigns
Super Micro Computer Shares Slump After Accounting Firm Resigns
Nov 3, 2024
03:31 PM EDT, 10/30/2024 (MT Newswires) -- Super Micro Computer ( SMCI ) stock plummeted Wednesday after the artificial intelligence server maker said Ernst & Young resigned as its auditor, months after the accounting firm highlighted concerns regarding internal controls over financial reporting. EY notified the company about its resignation in a letter dated Oct. 24, according to a Wednesday...
Sector Update: Consumer
Sector Update: Consumer
Nov 3, 2024
03:25 PM EDT, 10/30/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.1%. In corporate news, Standard Motor Products ( SMP ) shares surged 17% after the company reported higher non-GAAP earnings and revenue in Q3, while...
PepsiCo to Close Four US Plants, Reportedly Cut 400 Workers
PepsiCo to Close Four US Plants, Reportedly Cut 400 Workers
Nov 3, 2024
03:43 PM EDT, 10/30/2024 (MT Newswires) -- PepsiCo ( PEP ) plans to close four bottling plants in the US, and the Associated Press reported about 400 jobs will be cut, citing the company. We have stopped production operations in four locations, including Chicago, a company spokesperson said in an email to MT Newswires. In Cincinnati, Atlanta and Harrisburg, Pennsylvania,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved