- BNY Mellon (BK, Financial) announces redemption of $1.25 billion in Senior Notes due in 2026.
- Redemption to occur on July 24, 2025, at 100% of principal plus accrued interest.
- Redemption processed through The Depository Trust Company, ceasing interest accrual post-date.
BNY Mellon (BK), a leading global financial services company, has declared its intention to redeem its 4.414% Fixed Rate / Floating Rate Callable Senior Notes, scheduled to mature on July 24, 2026. The redemption involves the complete outstanding principal amount of $1.25 billion. Noteholders will receive the full principal amount along with any accrued and unpaid interest up to, but excluding, the redemption date of July 24, 2025.
After this date, the notes will no longer accrue interest, and they will not be considered outstanding. The redemption payment will be finalized through The Depository Trust Company. This strategic move highlights BNY Mellon's proactive approach to managing its long-term debt obligations, reflecting its commitment to maintaining a robust capital structure.
BNY Mellon (BK, Financial) is renowned for its extensive global financial services, assisting over 90% of Fortune 100 companies and the leading banks worldwide. As of June 30, 2025, BNY manages $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management, underscoring its significant role in the financial landscape.
