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BNY Mellon set to redeem $1.25 billion floating-rate notes due 2021
By Sarah Lizee
Olympia, Wash., May 21 – Bank of New York Mellon Corp. said subsidiary Bank of New York Mellon will redeem all $1.25 billion of floating-rate senior bank notes due June 4, 2021 (Cusip: 06405LAB7) on June 4.
The redemption price will be par plus accrued interest to but excluding the redemption date, according to a press release.
BNY Mellon is a New York-based financial services company.
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