NEW
YORK, March 21, 2024 /PRNewswire/ -- The Bank of
New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today
announced that it will redeem all of the issued and outstanding
Floating Rate Senior Notes due April 26,
2024 (CUSIP 06406RAT4) (the "Notes"). The Notes have an
aggregate principal amount of $400,000,000.
The redemption date for the Notes is March 26, 2024 (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 financial services company that helps
make money work for the world — managing it, moving it and keeping
it safe. For 240 years we have partnered alongside our clients,
putting our expertise and platforms to work to help them achieve
their ambitions. Today we help over 90% of Fortune 100 companies
and nearly all the top 100 banks globally access the money they
need. We support governments in funding local projects and work
with over 90% of the top 100 pension plans to safeguard investments
for millions of individuals, and so much more. As of December 31, 2023, we oversee $47.8 trillion in assets under custody and/or
administration and $2.0 trillion in
assets under management.
BNY Mellon is the corporate brand of The Bank of New York Mellon
Corporation (NYSE: BK). We are headquartered in New York City, employ over 50,000 people
globally and have been named among Fortune's World's Most Admired
Companies and Fast Company's Best Workplaces for Innovators.
Additional information is available on www.bnymellon.com. Follow us
on LinkedIn or visit our Newsroom for the latest company news.
Contacts:
Media
Garrett
Marquis
+1 949 683
1503
garrett.marquis@bnymellon.com
Analysts
Marius
Merz
+1 212 298 1480
marius.merz@bnymellon.com
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SOURCE BNY Mellon