FILED PURSUANT TO RULE 433
REGISTRATION STATEMENT NO. 333-200321
DATED AUGUST 13, 2015
STATE STREET CORPORATION
$1,200,000,000 2.550% Senior Notes due 2020
Pricing Details
| Issuer: | State Street Corporation | |
| Security: | 2.550% Senior Notes due 2020 | |
| Aggregate Principal Amount: | $1,200,000,000 | |
| Trade Date: | August 13, 2015 | |
| Settlement Date (T+3): | August 18, 2015 | |
| Maturity Date: | August 18, 2020 | |
| Coupon: | 2.550% | |
| Price to Public (Issue Price): | 99.772% | |
| Yield to Maturity: | 2.599% | |
| Pricing Benchmark: | UST 1.625% Notes due July 31, 2020 | |
| UST Spot (Yield): | 1.569% | |
| Spread to Benchmark: | + 103 basis points | |
| Interest Payment Period: | Semi-annually | |
| Interest Payment Dates: | Each February 18 and August 18, commencing on February 18, 2016 | |
| Day Count Convention: | 30/360 | |
| Business Day Convention: | Following, Unadjusted | |
| Denominations: | Minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof | |
| Currency: | U.S. Dollars | |
| CUSIP: | 857477AS2 | |
| ISIN: | US857477AS21 | |
| Expected Ratings:* | A2 / A+ / AA- / AA (low) (Moody’s / S&P / Fitch / DBRS) | |
| Joint Book-Running Managers: | Goldman, Sachs & Co. J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC | |
| Co-Managers: | Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. UBS Securities LLC Wells Fargo Securities, LLC | |
| Junior Co-Managers: | Siebert Brandford Shank & Co. Lebenthal & Co., LLC. | |
All terms used and not otherwise defined in this final term sheet have the respective meanings assigned to such terms in the preliminary prospectus supplement, dated August 13, 2015.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll-free at 1-866-471-2526, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322, J.P. Morgan Securities LLC collect at 1-212-834-4533 or Morgan Stanley & Co. LLC toll-free at 1-866-718-1649.
| * | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |