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NEW YORK, Feb. 26, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series M Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series M preferred stock (equivalent to $1,000 per depositary share) at a rate per annum equal to 5.625% from the original issue date to, but excluding, March 20, 2031; and from, and including, March 20, 2031, at the "five-year treasury rate" (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.034%. Dividends will be paid only when, as and if declared by the board of directors of BNY (or a duly authorized committee of the board) and to the extent that BNY has legally available funds to pay dividends. On March 20, 2031, or any dividend payment date thereafter, the Series M preferred stock may be redeemed at BNY's option, in whole or in part, at a cash redemption price equal to $100,000 per share (equivalent to $1,000 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends to but excluding the redemption date. Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and BNY Mellon Capital Markets, LLC served as joint book-running managers for the offering. The offering is expected to close on March 5, 2026.
BNY intends to use the net proceeds from the sale of the depositary shares for general corporate purposes, as further described in the preliminary prospectus supplement.
BNY filed a shelf registration statement (including a prospectus) on October 18, 2024, as amended on December 5, 2024 (the "Registration Statement"), and a preliminary prospectus supplement on February 26, 2026, and will file a final prospectus supplement, relating to this offering with the Securities and Exchange Commission (the "SEC"). Prospective investors should read the Registration Statement (including the base prospectus), the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents BNY has filed and will file with the SEC that are incorporated by reference into the Registration Statement for more complete information about BNY and the offering, including the risks associated with the securities and the offering. This press release does not constitute an offer to sell or the solicitation of any offer to buy securities of BNY, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The offering was made only by means of a prospectus supplement and accompanying base prospectus. Copies of the Registration Statement, the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents that BNY has filed with the SEC that are incorporated by reference into the Registration Statement are available at no charge by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, a copy of the prospectus supplement and accompanying base prospectus relating to these securities can be obtained by contacting Barclays Capital Inc. at 1-888-603-5847, BofA Securities, Inc. at 1-800-294-1322, Citigroup Global Markets Inc. at 1-800-831-9146, Deutsche Bank Securities Inc. at 1-800-503-4611 or BNY Mellon Capital Markets, LLC at 1-800-269-6864.
About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY's expectations with respect to the offering and use of proceeds. These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond BNY's control). Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in BNY's Annual Report on Form 10-K for the year ended December 31, 2025 and BNY's other filings with the SEC. All statements in this press release speak only as of the date on which such statements are made, and BNY undertakes no obligation to update any statement to reflect events or circumstances after the date on which such forward-looking statement is made or to reflect the occurrence of unanticipated events.
Contacts:
Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.com
Media
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com
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SOURCE BNY
NEW YORK and GROVE, England, Jan. 30, 2026 /PRNewswire/ -- BNY (NYSE: BK), a global financial services company, and Atlassian Williams F1 Team today announce a long-term partnership, bringing together two global brands anchored in heritage, a focus on performance, and a shared drive for innovation.
BNY operates at the heart of the world's capital markets, helping organisations invest, trade and transact in over 100 markets globally. Through this initiative, BNY joins Williams as a partner, supporting one of the most successful teams in Formula 1 history. Williams has won nine Constructors' World Championships and seven Drivers' World Championships. The team is now on a mission to win again, with the support of world-leading organisations within its partner suite.
Both organisations share a demonstrated track record of adapting and transforming to succeed — whether across BNY's 242 years at the forefront of financial markets or nearly 50 years of Formula 1 competition for Williams. This partnership brings the two organisations together ahead of another big milestone: Formula 1's all-new regulations era, which marks the next opportunity for Williams to move forward in its transformation.
BNY and Williams will work together to bring the world of finance even closer to the thrill of racing. Throughout the 24-race season, BNY will curate meaningful touchpoints that strengthen relationships with clients and the BNY community. With Formula 1 emerging as a global meeting point for financial audiences, this partnership provides BNY with a unique platform to bring those groups together in key financial hubs around the world.
Fans will be able to experience BNY branding featured on driver and team kit, as well as the bargeboards, chassis top, and the Halo of Carlos Sainz and Alex Albon's FW48 – Williams' challenger for the 2026 season. The placements will be showcased at Williams' livery launch on February 3rd – when the team's design for the new regulatory cycle will be shown to worldwide audiences for the very first time.
James Vowles, Team Principal of Atlassian Williams F1 Team: "We are delighted to welcome BNY to the team for the 2026 season and beyond. As our team builds for long-term success, we look forward to working with BNY to champion new ways of thinking and embrace the opportunities of the future, both on the circuit and across global markets."
Jayee Koffey, Chief Global Affairs Officer at BNY: "Enduring performance belongs to organisations willing to embrace innovation with discipline and responsibility. BNY recognises that spirit in Atlassian Williams F1 Team, a team that shares our growth ambitions and values high performance."
About Atlassian Williams F1 Team
Atlassian Williams F1 Team is one of the world's most iconic Formula 1 teams. Founded in 1977 by Sir Frank Williams and Sir Patrick Head, the team has won nine Constructors' World Championships, seven Drivers' World Championships and 114 Grand Prix races – making it one of the three most-successful teams in history. Based in Grove, Oxfordshire and competing at the pinnacle of motorsport, Williams continues to build for the future of Formula 1 through world-class engineering, racing excellence and a commitment to bringing fans closer to the sport than ever before.
About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
Craig Woodhouse
Head of Communications
+44 (0) 7485 988 562
craig.woodhouse@williamsf1.com
Dominique Heyer-Wright
F1 Communications Lead
+44 (0) 7483 012 993
d.heyerwright@williamsf1.com
Jules Jackson
Communications Manager
+44 (0) 7483 015 356
jules.jackson@williamsf1.com
Ella Wilton
Communications Manager
+44 (0) 7485 988 575
ella.wilton@williamsf1.com
Abby Ridsdill Smith
Corporate Communications Manager
+44 (0) 7485 988 566
abby.ridsdillsmith@williamsf1.com
Anneliese Diedrichs
Global Head of External & Business Communications, BNY
+1 646 468 6026
anneliese.diedrichs@bny.com
Jessica Thomas
Head of Corporate Communications, International, BNY
+44 7805 068 686
jessica.thomas@bny.com
Zakaria Drif
Communications, EMEA, BNY
+44 7398 502 891
zakaria.drif@bny.com
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SOURCE BNY