State Street to redeem all series D, F perpetual preferreds on March 15

By Wendy Van Sickle

Columbus, Ohio, Feb. 8 – State Street Corp. plans to redeem all 7,500 shares of its series D non-cumulative perpetual preferred stock and all 2,500 shares of its series F non-cumulative perpetual preferred stock, according to an 8-K filing with the Securities and Exchange Commission.

The series D preferreds will be redeemed at $100,000 apiece, or $25 per depository share plus unpaid dividends on March 15, and the series F preferreds will be redeemed at $100,000 apiece, or $1,000 per depository share plus unpaid dividends on March 15.

State Street is a Boston-based bank holding company.

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