EXPECTED RATINGS (MOODYS / S&P / FITCH / DBRS)*: A1 (STABLE) / A (STABLE) / AA-
(STABLE) / AA (STABLE)
LEGAL FORMAT: SEC-REGISTERED
MATURITY DATE: JANUARY 25, 2029
TRADE DATE:
OCTOBER 20, 2021
SETTLEMENT DATE: OCTOBER 25, 2021 (T+3) **
REDEMPTION COMMENCEMENT DATE: NOVEMBER 24, 2028
INTEREST RATE: 1.900% PER ANNUM
INTEREST FREQUENCY:
SEMI-ANNUALLY
INTEREST PAYMENT DATES: INTEREST PAYS SEMI-ANNUALLY ON THE TWENTY-FIFTH OF JANUARY AND
JULY OF EACH YEAR, COMMENCING ON JANUARY 25, 2022, AND ENDING ON THE MATURITY DATE (OR THE NEXT BUSINESS DAY, IF ANY INTEREST PAYMENT DATE FALLS ON A NON-BUSINESS DAY; THE AMOUNT OF INTEREST PAYABLE WILL NOT
BE ADJUSTED FOR SUCH POSTPONEMENT).
REDEMPTION PRICE: 100% OF THE PRINCIPAL AMOUNT OF THE NOTES REDEEMED
REDEMPTION TERMS: REDEEMABLE IN WHOLE OR IN PART AT THE OPTION OF THE ISSUER ON OR AFTER THE REDEMPTION COMMENCEMENT DATE AT THE REDEMPTION PRICE, PLUS
ACCRUED AND UNPAID INTEREST THEREON TO THE DATE OF REDEMPTION. THE BANK OF NEW YORK MELLON CORPORATION SHALL PROVIDE AT LEAST 5 AND NOT MORE THAN 30 CALENDAR DAYS NOTICE OF REDEMPTION TO THE REGISTERED HOLDERS OF THE NOTES.
DAY COUNT CONVENTION: 30/360
PRINCIPAL AMOUNT:
$400,000,000
PRICE TO PUBLIC: 99.940% OF PRINCIPAL AMOUNT PLUS ACCRUED INTEREST, IF ANY, FROM OCTOBER 25, 2021
NET PROCEEDS (BEFORE EXPENSES) TO ISSUER: $399,160,000
BENCHMARK TREASURY: UST 1.250% DUE SEPTEMBER 30, 2028
BENCHMARK TREASURY YIELD: 1.459%
SPREAD TO BENCHMARK
TREASURY: +45 BASIS POINTS
RE-OFFER YIELD: 1.909%
DENOMINATIONS: $1,000 X $1,000
LISTING: NONE
CUSIP/ISIN: 06406RAZ0 / US06406RAZ01
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BOOKRUNNERS:
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BARCLAYS CAPITAL INC.
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CREDIT SUISSE SECURITIES (USA) LLC
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J.P. MORGAN SECURITIES LLC
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BNY MELLON CAPITAL MARKETS, LLC
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CO-MANAGERS:
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ACADEMY SECURITIES, INC.
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CIBC WORLD MARKETS CORP.
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NOMURA SECURITIES INTERNATIONAL, INC.
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AMERIVET SECURITIES, INC.
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SIEBERT WILLIAMS SHANK & CO., LLC
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The issuer has filed a registration statement (including a preliminary pricing supplement and the accompanying prospectus and
prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the preliminary pricing supplement and the accompanying prospectus and prospectus supplement in that registration statement,
and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any
underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. at
1-888-603-5847, Credit Suisse Securities (USA) LLC at 1-800-221-1037, J.P. Morgan Securities LLC at 1-212-834-4533 or BNY Mellon
Capital Markets, LLC at 1-800-269-6864.