BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
(NYSE:BK) NEW YORK, Sept. 3, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten pub...
What are the intended uses of the $500 million proceeds, and how might they impact BNY's balance sheet, credit metrics, and earnings outlook?
How does the pricing of the offering compare to the current market price of BNY's common and preferred shares, and what does that indicate about investor demand?
What is the expected dilution effect on existing shareholders from the issuance of the depositary shares?
3 days ago