BNY Mellon Announces Redemption of 2.600% Notes Due 2020

PRNewswireJuly 6, 20201 min
Bank of New York

The Bank of New York Mellon Corporation (“BNY Mellon”) today announced that it will redeem all of the issued and outstanding 2.600% Notes due August 17, 2020 (CUSIP 06406HDD8) (the “Notes”). The Notes have an aggregate principal amount of $1,100,000,000.Fintech News

The redemption date for the Notes is July 17, 2020 (the “redemption date”). The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the redemption date.

On and after the redemption date, the Notes will no longer be deemed outstanding and interest will no longer accrue on such securities.

Payment of the redemption price will be made through the facilities of The Depository Trust Company.

PRNewswire

Leave a Reply

Your email address will not be published.

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved