THINKING: Press Releases

State Street Partners with Penserra and other Latinx Firms to Underwrite $750 Million of Senior Notes

Orinda, CA (August 5, 2022) – Penserra, a certified Minority-Business Enterprise (MBE), participated as a co-manager for State Street’s $750 million offering of senior notes. This was State Street’s third financing offering this year where the underwriting syndicate has been structured in a manner consistent with State Street’s inclusion, diversity and equity strategy, reflecting the firm’s continuing efforts to amplify the impact of its Environmental, Social and Governance initiatives. This issuance further demonstrates State Street’s ongoing and strong commitment to increasing Latinx representation and opportunities across the industry.

“We are so pleased to partner with Latinx owned firms on this debt issuance ahead of National Hispanic Heritage Month in September,” said Paul Francisco, Chief Diversity Officer at State Street. “We remain committed to increasing our partnership with diverse suppliers while also increasing Latinx representation and opportunities across our industry and in every community where we operate.”

About Penserra

Founded in 2007, Penserra is an institutional financial services firm with offices located in New York, Chicago, Newport Beach, CA and the San Francisco Bay Area. Services include Global Equity Trading, Fixed Income Trading, Investment Banking, ETF Sub-Advising, and Active Investment Management. Penserra is a certified Minority-Owned Business Enterprise (MBE). For more information, please visit our website at