Bank of New York Mellon (BK) said Wednesday that a wholly-owned subsidiary will redeem all $750 million of its issued and outstanding 5.224% fixed-to-floating rate callable senior bank notes due Nov. 21, 2025.
The notes will be redeemed on Nov. 21 at a price equal to 100% of the principal amount, plus any accrued and unpaid interest, the lender said.
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