State Street Corp., founded in 1792 and headquartered in Boston, Massachusetts, is a leading financial services provider that specializes in asset management and investment services. The company primarily focuses on servicing institutional investors, offering a broad range of products including investment management, investment research, and servicing solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
State Street began issuing bonds in the early 2000s to fund its expansion and capital needs. Notably, in 2018, the company issued $1 billion in senior unsecured notes to enhance its liquidity amid a fluctuating market environment. Historically, these bonds have offered competitive yields, often in line with industry averages, making them appealing to fixed-income investors. In recent news, State Street announced plans to issue green bonds as part of its commitment to sustainable finance, further diversifying its bond offerings and demonstrating its proactive approach to addressing environmental and social governance (ESG) considerations.