The Bank of New York Mellon Corporation Issues $2 Billion of Senior Medium-Term Notes

The Bank of New York Mellon Corporation has made a significant move in the financial markets by issuing $2 billion worth of senior medium-term notes. This move is part of the company's strategy to raise funds and strengthen its financial position. The notes were issued on June 10, 2025, and were registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3 (File No. 333-282710).

Key Takeaways:

The Bank of New York Mellon Corporation issued $2 billion worth of senior medium-term notes, consisting of $750 million of 4.441% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2028, $500 million of Floating Rate Callable Senior Medium-Term Notes Series J due 2028, and $750 million of 5.316% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2036.
The notes were registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3 (File No. 333-282710).
The company worked with Sullivan & Cromwell LLP, a law firm, to examine the corporate records, certificates, and other documents necessary for the issuance of the notes.
The securities were issued pursuant to the Senior Debt Indenture, dated February 9, 2016, as supplemented by the First Supplemental Senior Debt Indenture, dated January 30, 2017.
The notes are subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium, and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Statistics:

$2 billion: The total amount of senior medium-term notes issued by the bank.
$750 million: The amount of 4.441% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2028 issued.
$500 million: The amount of Floating Rate Callable Senior Medium-Term Notes Series J due 2028 issued.
$750 million: The amount of 5.316% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2036 issued.
June 10, 2025: The date on which the notes were issued.
February 9, 2016: The date on which the Senior Debt Indenture was dated.
January 30, 2017: The date on which the First Supplemental Senior Debt Indenture was dated.

Sources:

COMTEX: (EDGAR Online via COMTEX) -- Bank of New York Mellon Corp 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities of Mellon Capital IV (fully and unconditionally guaranteed by The Bank of New York false 0001390777 0001390777 2025-06-10 2025-06-10 0001390777 us-gaap:CommonStockMember 2025-06-10 2025-06-10 0001390777 bk:M6.244FixedToFloatingRateNormalPreferredCapitalSecuritiesOfMellonCapitalIvFullyAndUnconditionallyGuaranteedByTheBankOfNewYorkMellonCorporationMember 2025-06-10 2025-06-10 0001390777 bk:DepositarySharesEachRepresentingA14000thInterestInAShareOfSeriesKNoncumulativePerpetualPreferredStockMember 2025-06-10 2025-06-10