The Bank of New York Mellon Corporation’s $2 Billion Offering

Cleary Gottlieb represented the underwriters in The Bank of New York Mellon Corporation’s registered offering of $900 million 6.317% fixed-rate/floating-rate callable senior medium-term notes Series J due 2029 and $1.1 billion 6.474% fixed-rate/floating-rate callable senior medium-term notes Series J due 2034.

The underwriters for the offering were Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Siebert Williams Shank & Co. LLC, and BNY Mellon Capital Markets LLC. The transaction priced on October 18, 2023, and is expected to settle on October 25, 2023.

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.