BNY Announces Pricing of Public Offering of $1,250,000,000 of Depositary Shares Representing Interests in Preferred Stock
The Bank of New York Mellon Corporation ("BNY") (NYSE: BNY), a global financial services company, today announced that it priced an underwritten public offering of 1,250,000 depositary shares, each representing a 1/100th interest in a share of its Series O Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($1,250,000,000 aggregate public offering price
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