The Bank of New York Mellon-BNY Announces Redemption of Floating Rate Senior Notes Due 2025

Group 1 - The Bank of New York Mellon Corporation (BNY) will redeem all issued and outstanding Floating Rate Senior Notes due April 25, 2025, with an aggregate principal amount of $400 million [1][2] - The redemption date for the Notes is set for March 25, 2025, and the redemption price will be 100% of the principal amount plus any accrued and unpaid interest [2] - After the redemption date, the Notes will no longer be considered outstanding, and interest will cease to accrue on these securities [2] Group 2 - BNY is a global financial services company managing$ 52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2024 [3] - The company has been serving clients for over 240 years, including over 90% of Fortune 100 companies and nearly all top 100 banks globally [3] - BNY employs over 50,000 people worldwide and has received recognition as one of Fortune's World's Most Admired Companies [4]