SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 26, 2012
THE BANK OF NEW YORK MELLON CORPORATION
(Exact name of registrant as specified in charter)
Delaware | 001-35651 | 13-2614959 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
One Wall Street New York, New York |
10286 | |||
(Address of principal executive offices) | (Zip code) |
Registrants telephone number, including area code (212) 495-1784
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01. | OTHER EVENTS. |
On October 26, 2012, The Bank of New York Mellon Corporation (the Company) sent a redemption notice to Manufacturers & Traders Trust Company, the Property Trustee for the trusts listed below, which will result in the redemption of the securities identified below on November 26, 2012. The redemption price of each security will be equal to 100% of the liquidation amount of the securities plus accumulated and unpaid distributions in the amount specified below. The Company issued a press release announcing the redemption of the below securities on October 26, 2012. The press release is attached as Exhibit 99.1 to this Current Report on Form 8K and is incorporated by reference herein.
Trust |
Security |
Liquidation amount |
Accumulated and unpaid distributions per security |
CUSIP | NYSE Trading Symbol | |||||
BNY Capital IV |
6.875% Trust Preferred Securities, Series E | $200,000,000 ($25 per security) | $0.40582 | 09656G201 | BKPrE | |||||
BNY Capital V(1) |
5.95% Trust Preferred Securities, Series F | $350,000,000 ($25 per security) | $0.10330 | 09656H209 | BKPrF |
(1) | Accrued quarterly distributions of $0.371875 per security will be paid on November 1, 2012 to holders of record as of the close of business on October 17, 2012 in the customary manner. |
ITEM 9.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
(d) | EXHIBITS. |
Exhibit Number |
Description | |
99.1 | Press release dated October 26, 2012 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
The Bank of New York Mellon Corporation (Registrant) | ||||||
Date: October 26, 2012 | By: | /s/ Craig T. Beazer | ||||
Name: | Craig T. Beazer | |||||
Title: | Assistant Secretary |
EXHIBIT INDEX
Number | Description | Method of Filing | ||
99.1 | Press release dated October 26, 2012 | Filed herewith |
Exhibit 99.1
Press Release |
|
Contacts: | Media Kevin Heine +1 212 635 1569 kevin.heine@bnymellon.com |
Analysts Andy Clark +1 212 635 1803 andy.clark@bnymellon.com |
BNY Mellon Announces Redemption of Trust Preferred Securities
NEW YORK, October 26, 2012 BNY Mellon, the global leader in investment management and investment services, today announced that all outstanding 6.875% Trust Preferred Securities, Series E (NYSE: BKPrE), issued by BNY Capital IV (liquidation amount $25 per security and $200 million in the aggregate) and 5.95% Trust Preferred Securities, Series F (NYSE: BKPrF), issued by BNY Capital V (liquidation amount $25 per security and $350 million in the aggregate) will be redeemed on Monday, November 26, 2012. The redemption price for the 6.875% Trust Preferred Securities, Series E will be equal to $25 per security plus accrued and unpaid distributions up to and excluding the redemption date in the amount of $0.40582. The redemption price for the 5.95% Trust Preferred Securities, Series F will be equal to $25 per security plus accrued and unpaid distributions up to and excluding the redemption date in the amount of $0.10330.
The Trust Preferred Securities are held only in book-entry form through The Depository Trust Corporation (DTC). DTC will redeem the Trust Preferred Securities in accordance with its procedures and notify the holders. Holders of the Trust Preferred Securities need not take any action to receive payment of the redemption price.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. As of September 30, 2012, it had $27.9 trillion in assets under custody and administration and $1.4 trillion in assets under management, serviced $11.6 trillion in outstanding debt and processed global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.
The information presented in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be expressed in a variety of ways, including the use of future or present tense language. These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond the Companys control). Factors that could cause the Companys results to differ materially can be found in the risk factors set forth in the Companys Annual Report on Form 10-K for the year ended December 31, 2011, the Companys Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2012 and the Companys other filings with the SEC. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.
*****