Bank of New York Mellon Corp 8-K

What Happened
Bank of New York Mellon Corporation announced on January 22, 2026 that it issued $1,550,000,000 aggregate principal amount of callable senior medium‑term notes due 2030. The issuance consists of $1,250,000,000 of 4.026% Fixed Rate / Floating Rate Callable Senior Medium‑Term Notes (Series J) and $300,000,000 of Floating Rate Callable Senior Medium‑Term Notes (Series J). The Notes were registered under the Securities Act pursuant to the company’s Form S‑3 registration statement.

Key Details

• Total amount issued: $1,550,000,000 (combined fixed/floating rate notes).
• Fixed portion: $1,250,000,000 at a 4.026% fixed rate initially (Fixed/Floating Rate Notes).
• Floating portion: $300,000,000 of floating rate callable notes.
• Issue date: January 22, 2026; maturity in 2030; notes are callable (issuer may redeem prior to maturity).
• Related legal opinion (Sullivan & Cromwell LLP) and consent were filed with the 8‑K.

Why It Matters
This transaction increases BNY Mellon’s long‑term debt by $1.55 billion and establishes fixed‑rate and floating‑rate obligations through 2030. For investors, the issuance affects the company’s debt profile, interest expense exposure (fixed vs. floating), and liquidity/capital structure. The callable feature gives the company flexibility to refinance or redeem if market conditions change. Review upcoming quarterly reports or investor materials for any impact on leverage, interest expense, and capital management plans.