State Street says offering priced at $70/shr

Tue Jun 3, 2008 10:23pm EDT
 
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NEW YORK, June 3 (Reuters) - U.S. financial services firm State Street Corp (STT.N) said on Tuesday its offering of 35.7 million shares had been priced at $70 per share.

State Street, the world's biggest institutional asset manager and also a custody bank, said it estimated net proceeds of about $2.4 billion, after deducting estimated expenses and underwriting discounts and commissions. (Reporting by Paritosh Bansal; Editing by Anshuman Daga)

 

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