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State Street Corporation's Depositary Shares Offering

Cravath represented the underwriters, led by Goldman Sachs & Co. LLC, Morgan Stanley and Wells Fargo Securities, in connection with the $500 million offering of depositary shares representing preferred stock of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on September 27, 2018.

The Cravath team included partner Craig F. Arcella and associates Virginie Marier and John Knight on securities matters and associate Leon B. Dalezman on tax matters.