New Issue: BNY Mellon sells $1 billion 1.95% three-year senior notes at 52 bps over Treasuries

By Cristal Cody

Tupelo, Miss., Aug. 20 – Bank of New York Mellon Corp. priced $1 billion of 1.95% three-year senior notes (A1/A/AA-) on Tuesday at 99.968 to yield 1.961%, or a spread of Treasuries plus 52 basis points, according to an FWP filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and BNY Mellon Capital Markets LLC were the bookrunners.

Bank of New York Mellon is a financial products and services company based in New York.

Issuer:	Bank of New York Mellon Corp.
Amount:	$1 billion
Securities:	Series J senior medium-term notes
Maturity:	Aug. 23, 2022
Bookrunners:	Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and BNY Mellon Capital Markets LLC
Co-managers:	Academy Securities, Inc., SG Americas Securities, LLC, TD Securities (USA) LLC, Loop Capital Markets LLC and Stern Brothers & Co.
Coupon:	1.95%
Price:	99.968
Yield:	1.961%
Spread:	Treasuries plus 52 bps
Trade date:	Aug. 20
Settlement date:	Aug. 23
Ratings:	Moody’s: A1
	S&P: A
	Fitch: AA-
Distribution:	SEC registered

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