BNY Announces Redemption of Floating Rate Callable Senior Bank Notes Due 2026

Core Viewpoint - The Bank of New York Mellon Corporation announced the redemption of its Floating Rate Callable Senior Bank Notes with a total principal amount of $500 million, due on March 13, 2026, with the redemption date set for March 13, 2025 [1][2]. Company Overview - The Bank of New York Mellon (BNY) is a global financial services company that has been operational for over 240 years, managing and safeguarding assets for clients [3]. - BNY serves over 90$52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management [3]. Redemption Details - The redemption price for the Notes will be 100% of the principal amount plus any accrued and unpaid interest up to the redemption date [2]. - After the redemption date, the Notes will no longer be considered outstanding, and interest will cease to accrue [2].