Free Writing Prospectus

FILED PURSUANT TO RULE 433

REGISTRATION STATEMENT NO. 333-157882

DATED MARCH 2, 2011

LOGO

STATE STREET CORPORATION

$250,000,000 Floating Rate Senior Notes due 2014

Final Pricing Details

 

   
Issuer:    State Street Corporation
Security:    Floating Rate Senior Notes due March 7, 2014
Aggregate Principal Amount:    $250,000,000
Trade Date:    March 2, 2011
Settlement Date (T+3):    March 7, 2011
Maturity Date:    March 7, 2014
Price to Public (Issue Price):    100%
Pricing Benchmark:    3 Month USD LIBOR (Reuters Page LIBOR01)
Coupon:    3 Month USD LIBOR + 35 basis points
Interest Payment Dates:    Each March 7, June 7, September 7 and December 7, commencing on June 7, 2011
Interest Determination Dates:    Two London business days prior to the relevant interest reset date
Interest Reset Dates:    Each interest payment date
Calculation Agent:    State Street Corporation (or appointed successor)
Coupon Frequency:    Quarterly
Day Count Convention:    Actual/360
Business Day Convention:    Modified Following, Adjusted; London business day
Denominations:    Minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof
Currency:    U.S. Dollars
CUSIP:    857477 AJ2
ISIN:    US857477AJ22
Expected Ratings1:   

Standard & Poor’s: A+

Moody’s: A1

Fitch: A+

DBRS: AA (low)

Joint Book-Running Managers:   

Morgan Stanley & Co. Incorporated

Merrill Lynch, Pierce, Fenner & Smith Incorporated

Co-Managers:   

Barclays Capital Inc.

Credit Suisse Securities (USA) LLC

Lloyds Securities Inc.

Junior Co-Managers:   

Muriel Siebert & Co., Inc.

The Williams Capital Group, L.P.

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.


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 Web site 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 Morgan Stanley & Co. Incorporated at 1-866-718-1649 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322.

 

1

A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.