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Cravath Publishes Summer 2026 Issue of Alumni Journal

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News & Insights

State Street Corporation and State Street Bank and Trust Company’s Combined $2 Billion Senior Notes Offerings

November 03, 2026

Cravath represented the banks in connection with the combined $2 billion senior notes offerings of State Street Corporation and State Street Bank and Trust Company, providers of a broad range of financial products and services to institutional investors worldwide. The transactions closed on October 20, 2026.

The Cravath team included partner Craig F. Arcella and associates Debbie Park and Christine E. Scott on capital markets matters; partner Arvind Ravichandran on tax matters; and of counsel Lucas Edward Beirne and associate Max D. Brashear on financial institutions matters. Zachary R. Springer also worked on capital markets matters and Destin Royer worked on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Financial Institutions Group (FIG)
  • Financial Services and Insurance

People

Photo
Name
Craig F. Arcella
Title
Corporate
Title
Partner
Email
carcella@cravath.com
Phone
+1-212-474-1024
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    Education

    • J.D., 1998, Columbia Law School
      Harlan Fiske Stone Scholar
    • B.A., 1995, Duke University

    Admitted In

    • New York
    Photo
    Name
    Lucas Edward Beirne
    Title
    Corporate
    Title
    Of Counsel
    Email
    lbeirne@cravath.com
    Phone
    +1-202-869-7742
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      Education

      • J.D., 2012, University of Virginia School of Law
        Order of the Coif
      • B.S.N., 2008, University of Virginia

      Admitted In

      • District of Columbia

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      State Street Corporation’s Offering of Depositary Shares

      Cravath represented the underwriters 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 August 12, 2026.

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      August 24, 2026

      State Street Bank and Trust Company’s $1.25 Billion Senior Notes Offering

      Cravath represented the initial purchasers in connection with the $1.25 billion senior notes offering of State Street Bank and Trust Company, the principal banking subsidiary of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on July 23, 2026.

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      May 08, 2026

      State Street Corporation’s $1.5 Billion Registered Fixed‑to‑Floating Rate Senior Notes Offering

      Cravath represented the underwriters in connection with the $1.5 billion registered fixed‑to‑floating rate senior notes offering of State Street Corporation, a provider of a broad range of financial products and services to institutional investors worldwide. The transaction closed on April 24, 2026.

      Deals & Cases

      January 27, 2026

      The State of Israel’s $6 Billion Registered Notes Offering

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      Cravath Bicentennial

      Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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