BNY Mellon Issues Preferred Capital Securities
Ticker: BK-PK · Form: 8-K · Filed: Sep 11, 2025 · CIK: 1390777
| Field | Detail |
|---|---|
| Company | Bank Of New York Mellon Corp (BK-PK) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: capital-raise, preferred-stock, debt-guarantee
Related Tickers: BK
TL;DR
BNY Mellon dropped an 8-K on 9/11 about issuing new preferred stock and guarantees.
AI Summary
On September 11, 2025, The Bank of New York Mellon Corporation (BNY Mellon) filed an 8-K to report on the issuance of its 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities of Mellon Capital IV, which are fully and unconditionally guaranteed by BNY Mellon. The filing also includes information on depositary shares representing interests in Series K non-cumulative perpetual preferred stock.
Why It Matters
This filing indicates BNY Mellon is raising capital through preferred securities, which can impact its financial leverage and capital structure.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of capital raising activities and does not indicate any immediate financial distress or significant new risks.
Key Numbers
- 6.244% — Fixed Rate (Interest rate on the issued preferred capital securities)
Key Players & Entities
- The Bank of New York Mellon Corporation (company) — Filer and Guarantor
- Mellon Capital IV (company) — Issuer of Preferred Capital Securities
- 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities (dollar_amount) — Type of security issued
- September 11, 2025 (date) — Date of report
FAQ
What is the total principal amount of the 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities issued?
The filing does not specify the total principal amount of the securities issued.
What is the maturity date of the 6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities?
The filing does not specify the maturity date of the securities.
What are the terms of the Series K non-cumulative perpetual preferred stock mentioned?
The filing mentions depositary shares representing interests in Series K non-cumulative perpetual preferred stock but does not detail the specific terms.
What is the purpose of issuing these preferred capital securities?
The filing does not explicitly state the purpose for issuing these securities.
Are there any specific conditions or covenants associated with the guarantee provided by The Bank of New York Mellon Corporation?
The filing states the guarantee is 'fully and unconditionally,' but does not detail specific covenants.
Filing Stats: 527 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-09-11 09:13:52
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value BK New York Stock Exchang
Filing Documents
- d21496d8k.htm (8-K) — 30KB
- d21496dex991.htm (EX-99.1) — 7KB
- 0001193125-25-200823.txt ( ) — 197KB
- bk-20250911.xsd (EX-101.SCH) — 5KB
- bk-20250911_def.xml (EX-101.DEF) — 14KB
- bk-20250911_lab.xml (EX-101.LAB) — 24KB
- bk-20250911_pre.xml (EX-101.PRE) — 15KB
- d21496d8k_htm.xml (XML) — 8KB
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS. (d) EXHIBITS Exhibit Number Description 99.1 Press release dated September 11, 2025. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
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 hereunto duly authorized. The Bank of New York Mellon Corporation (Registrant) Date: September 11, 2025 By: /s/ Jean Weng Name: Jean Weng Title: Secretary