BNY Mellon to redeem 1,000,000 preferred depositary shares at $1,000 each

Reuters2026/08/20 12:29

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BNY will redeem all outstanding Series F Noncumulative Perpetual Preferred Stock, including 1,000,000 depositary shares representing 1/100th interests.
Redemption date set for Sept. 20, 2026, with cash paid Sept. 21, 2026.
Holders to receive USD 1,000 per depositary share, equivalent to USD 100,000 per Series F preferred share.
Dividend payable on the payment date remains separate, based on the applicable record date.
Shares cease to be outstanding on the redemption date, with dividends no longer accruing thereafter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Bank of New York Mellon Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608200829PR_NEWS_USPR_____NY30064) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fitch Ratings recently announced that it is maintaining France's sovereign credit rating at "A+" with a "stable" outlook, even though the agency has once again warned that sustained fiscal deficits and rising public debt amidst increasing political uncertainty could still trigger a future rating downgrade.

智通财经•2026/08/29 07:11