The Bank of New York’s $1.25 Billion Offering

Cleary Gottlieb represented the underwriters in The Bank of New York’s registered offering of $1.25 billion 4.942% fixed-rate/floating-rate callable senior medium-term notes Series J due 2031.

The underwriters for the offering were Barclays Capital Inc., BofA Securities Inc., Mizuho Securities USA LLC, Blaylock Van LLC, and BNY Mellon Capital Markets LLC. The transaction priced on February 4, 2025, and is expected to settle on February 11, 2025.

The Bank of New York 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.