Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
April 24 2018 - 6:07AM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration Statement No.:
333-209450
THE BANK OF NEW YORK MELLON CORPORATION
$500,000,000 3.850% SENIOR NOTES DUE 2028
April 23, 2018
ISSUER:
THE
BANK OF NEW YORK MELLON CORPORATION
SECURITIES:
SENIOR MEDIUM-TERM NOTES, SERIES J
EXPECTED RATINGS (MOODYS
/ S&P
/ FITCH
/ DBRS)*:
A1 (STABLE) / A (STABLE) /
AA-
(STABLE) / AAL (STABLE)
LEGAL FORMAT:
SEC-REGISTERED
MATURITY DATE:
APRIL 28, 2028
TRADE DATE:
APRIL 23, 2018
SETTLEMENT DATE:
APRIL 30, 2018 (T+5) **
COUPON:
3.850% PER ANNUM
COUPON FREQUENCY:
SEMI-ANNUALLY
INTEREST PAYMENT DATES:
INTEREST PAYS
SEMI-ANNUALLY
ON EACH APRIL 28 AND
OCTOBER 28, COMMENCING ON OCTOBER 28, 2018 AND ENDING ON THE MATURITY DATE
DAY COUNT CONVENTION:
30/360
PRINCIPAL AMOUNT:
$500,000,000
ISSUE PRICE:
99.778% OF PRINCIPAL AMOUNT
NET PROCEEDS (BEFORE EXPENSES) TO ISSUER:
$498,140,000
BENCHMARK TREASURY:
UST 2.750% DUE FEBRUARY 15, 2028
BENCHMARK TREASURY YIELD:
2.977%
SPREAD TO BENCHMARK
TREASURY:
+90 BASIS POINTS
RE-OFFER YIELD:
3.877%
DENOMINATIONS:
$1,000 X $1,000
LISTING:
NONE
CUSIP
/ISIN:
06406RAH0 / US06406RAH03
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BOOKRUNNERS:
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BNP PARIBAS SECURITIES CORP.
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CREDIT SUISSE SECURITIES (USA) LLC
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DEUTSCHE BANK SECURITIES INC.
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RBC CAPITAL MARKETS, LLC
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BNY MELLON CAPITAL MARKETS, LLC
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CO-MANAGERS:
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HSBC SECURITIES (USA) INC.
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JEFFERIES LLC
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NOMURA SECURITIES INTERNATIONAL, INC.
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RBS SECURITIES INC.
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SANTANDER INVESTMENT SECURITIES INC.
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MULTI-BANK
SECURITIES, INC.
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THE WILLIAMS CAPITAL GROUP, L.P.
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The notes are not deposits or other obligations of a bank and are not insured or guaranteed by the Federal
Deposit Insurance Corporation or any other governmental agency.
The issuer has filed a registration statement (including a prospectus and a prospectus
supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, and other documents the issuer has filed with the SEC for more complete information
about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the
prospectus if you request it by calling BNP Paribas Securities Corp. at
1-800-854-5674,
Credit Suisse Securities (USA) LLC at
1-800-221-1037,
Deutsche Bank Securities Inc. at
1-800-503-4611,
RBC Capital Markets, LLC at
1-866-375-6829
or BNY Mellon Capital
Markets, LLC at 1-800-269-6864.
*
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A security rating is not a recommendation to buy, sell or hold securities, and may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of
any other rating.
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**
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The Book-Runners and Co-Managers expect to deliver the Notes in book-entry form only through the facilities of The Depository Trust Company against payment in New York, New York on or about the fifth business day
following the date of this Term Sheet. Trades of securities in the secondary market generally are required to settle in two business days, referred to as T+2, unless the parties to a trade agree otherwise. Accordingly, by virtue of the fact that the
initial delivery of the Notes will not be made on a T+2 basis, investors who wish to trade the Notes before a final settlement will be required to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement.
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