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The Bank of New York Mellon Corporation issued $1.5 billion in new senior medium-term notes, consisting of $750…

BKBank of New York Mellon Corp

The Bank of New York Mellon Corporation issued $1.5 billion in new senior medium-term notes, consisting of $750 million due 2032 at a 4.540% rate and $750 million due 2037 at a 5.085% rate. This issuance of callable debt provides the company with additional long-term capital and will impact its future interest expense and overall capital structure.

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