The Bank of New York Mellon Corporation’s $2.5 Billion Offering

Cleary Gottlieb represented the underwriters in The Bank of New York Mellon Corporation’s registered offering of $600 million 4.89% fixed-rate/floating-rate callable senior medium-term notes Series J due 2028, $300 million floating-rate callable senior medium-term notes Series J due 2028, $1.1 billion 5.06% fixed-rate/floating-rate callable senior medium-term notes Series J due 2032, and $500 million 5.606% fixed-rate/floating-rate callable senior subordinated medium-term notes Series K due 2039.

The underwriters for the offering were Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, UBS Securities LLC, R. Seelaus & Co. LLC, and BNY Mellon Capital Markets LLC. The transaction priced on July 15, 2024, and is expected to settle on July 22, 2024.

The Bank of New York Mellon Corporation is a global financial services company that provides financial services for institutions and high-net-worth individuals, including asset servicing, issuer services, clearing services, treasury services, investment management, and wealth management.