NEW
YORK, May 5, 2022 /PRNewswire/ -- The Bank of
New York Mellon Corporation ("BNY Mellon") today announced that it
will redeem all of the issued and outstanding 2.661% Fixed
Rate/Floating Rate Callable Senior Notes due May 16, 2023 (CUSIP 06406RAC1) (the "Notes"). The
Notes have an aggregate principal amount of $1,000,000,000.
The redemption date for the Notes is May
16, 2022 (the "Redemption Date"). The redemption price for
the Notes will equal 100% of the principal amount of the Notes plus
any accrued and unpaid interest thereon to, but excluding, the
Redemption Date (the "Redemption Price").
On and after the Redemption Date, the Notes will no longer be
deemed outstanding and interest will no longer accrue on such
securities.
Payment of the Redemption Price will be made through the
facilities of The Depository Trust Company.
ABOUT BNY MELLON
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment and wealth management and investment
services in 35 countries. As of March 31,
2022, BNY Mellon had $45.5
trillion in assets under custody and/or administration, and
$2.3 trillion in assets under
management. BNY Mellon can act as a single point of contact for
clients looking to create, trade, hold, manage, service, distribute
or restructure investments. BNY Mellon is the corporate brand of
The Bank of New York Mellon Corporation (NYSE: BK). Additional
information is available on www.bnymellon.com. Follow us on Twitter
@BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for
the latest company news.
Contacts:
Media
Erin Smith
erin.smith@bnymellon.com
Phone: +1 212 815 7170
Analysts
Marius
Merz
marius.merz@bnymellon.com
Phone: +1 212 298 1480
View original
content:https://www.prnewswire.com/news-releases/bny-mellon-announces-redemption-of-2-661-fixed-rate--floating-rate-callable-senior-notes-due-2023--301540686.html
SOURCE BNY Mellon