Bank of New York Mellon Corporation
Bank of New York Mellon Announces Proposed Public Offering of Depositary Shares
Summary
On September 3, 2025, The Bank of New York Mellon Corporation announced the launch of a proposed public offering of depositary shares, each representing a 1/100th interest in a share of its new series of Series L Noncumulative Perpetual Preferred Stock. The offering is subject to pricing and completion, with the net proceeds intended for general corporate purposes, including potential redemptions of its Series H and Series G Noncumulative Perpetual Preferred Stock. The decision to redeem and the amounts to be redeemed are subject to market conditions and other considerations, with no assurance given that the redemptions will occur.
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About Bank of New York Mellon Corporation
Bank of New York Mellon Corporation, commonly known as BNY Mellon, is a prominent financial services company that provides investment management and investment services around the globe. Founded in 1784, it is one of the oldest banking institutions in the United States, with a rich history and a significant role in the evolution of global finance. BNY Mellon specializes in asset servicing, wealth management, and issuer services, catering to a broad spectrum of clients that include financial institutions, corporations, and high-net-worth individuals. The corporation plays a critical role in the financial markets through its custody and administration services, safeguarding trillions of dollars in assets. By leveraging its advanced technology and global reach, BNY Mellon ensures efficient capital flow and security. Its leadership in providing solutions tailored to the evolving needs of its clients enhances market structure and stability. Headquartered in New York City, BNY Mellon is an influential entity in shaping the financial landscape, promoting liquidity, and supporting operational efficiency across diverse sectors and markets.
Official SEC Documents
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