BNY Mellon Completes $1.25 Billion Registered Offering of Fixed Rate Senior Notes

April 30, 2018

S&C client The Bank of New York Mellon Corporation (BNY Mellon) completed a registered offering of $1.25 billion aggregate principal amount of fixed rate senior notes under its senior medium-term note program. The senior notes offering included $750 million aggregate principal amount of 3.500% fixed rate senior notes due 2023 and $500 million aggregate principal amount of 3.850% fixed rate senior notes due 2028.

The S&C team representing BNY Mellon on the offering of senior notes included Ben Weiner, So Yeon Kim and Manon Scales. Jeffrey Hochberg and Saul Brander advised on tax matters; Andrew Motten advised on ERISA matters; and Kirsten Rodger advised on U.K. and EU matters.