BK - Public offerings

NEW YORK, Feb. 26, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced that it priced an underwritten public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series M Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series M preferred stock (equivalent to $1,000 per depositary share) at a rate per ann

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 public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series L Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series L preferred stock (equivalent to $1,000 per depositary share) at a rate per ann

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today additional details concerning the liquidation and termination of the Fund. In accordance with the Fund's Charter, the Fund's Board of Directors has approved the termination date of the Fund. The Fund will terminate at the close of business on or about August 29, 2025, approximately the sixth anniversary of the closing date of the Fund's initial public offering (the "Termination Date"). The final NAV is expected to be calculated on the Termination Date with final distributions to be made the week of September 2, 2025. Important Information BNY Mellon Investment Adviser, Inc., the inve

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on May 15, 2025, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions and after accepting all shares for repurchase from shareholders who own less than 100 shares and who tendered all of their shares, based on the number of Shares prop

NEW YORK, March 7, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced that it priced an underwritten public offering of 20,000,000 depositary shares, each representing a 1/4,000th interest in a share of its Series K Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $25 per depositary share), at a public offering price of $25 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series K preferred stock (equivalent to $25 per depositary share) at a rate per annum e

NEW YORK, March 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 public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series J Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series J preferred stock (equivalent to $1,000 per depositary share) at a rate per ann

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on November 13, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions and after accepting all shares for repurchase from shareholders who own less than 100 shares and who tendered all of their shares, based on the number of Shar

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on November 14, 2023, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offer are provided in the table below. Number of S

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) today announced a monthly cash distribution of $0.035 per share of common stock, payable on June 26, 2023, to shareholders of record at the close of business on June 9, 2023. The ex-dividend date is June 8, 2023. The previous distribution declared in April was $0.050 per share of common stock. By reducing the Fund's monthly distribution amount, the Fund is attempting to strike a balance between its investment objectives of seeking to provide high current income and of returning at least the Original NAV (as defined below) on or about December 1, 2024 (the "Termination Date").1 The Fund currently intends to set

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") announced the Fund's portfolio management team, as outlined below: Name of Fund Primary Portfolio Managers BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Chris Barris Brandon Chao Kevin Cronk Mr. Jonathan DeSimone no longer serves as a primary portfolio manager of the Fund. BNYM Investment Adviser will continue to serve as the Fund's investment adviser, and Alcentra NY, LLC will continue to serve as the Fund's sub-adviser. The investment strategies of the Fund are not changing as a result of the change. In addition, a "key person event" (as that term is defined in the Fund's initial pu

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on November 14, 2022, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offer are provided in the table below. Number of Shar

On May 30, 2022, The Bank of New York Mellon Corporation ("BNY Mellon"), the parent company of BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser") and Alcentra NY, LLC ("Alcentra"), the investment adviser and sub-adviser, respectively, for BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) and BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (each, a "Fund" and, together, the "Funds") entered into a definitive agreement to sell all of its indirect equity interest in Alcentra (the "Transaction") to Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton. The Transaction is expected to be complet

– Board of Director Appointments Bring Deep Domain Expertise and Experience in Scaling Wealth and Asset Management Platforms – – 2021 Financial Performance for the Constituent Firms was Robust and in Line with Previously Disclosed Estimates – – Business Combination with Cartesian Growth Corporation is Progressing and with Executed Extension Expected to Close in Summer of 2022 – Tiedemann Group1 ("Tiedemann"), Alvarium Investments Limited2 ("Alvarium"), and Cartesian Growth Corporation3 ("Cartesian") (NASDAQ:GLBL), today announced the selection of director nominees to serve on the future board of the combined company Alvarium Tiedemann Holdings ("Alvarium Tiedemann"). The Alvarium Tiedema

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on November 12, 2021, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offer are provided in the table below. Number of Shar

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE:BK) today announced that it priced an underwritten public offering of 1,300,000 depositary shares, each representing a 1/100th interest in a share of its Series I Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($1.3 billion aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series I preferred stock at a rate per annum equal to 3.750% from the original issue date to, but excluding, Decembe

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") announced that, effective September 1, 2021 (the "Effective Date"), the Fund's portfolio management team will consist of Chris Barris, Kevin Cronk, Jonathan DeSimone, Hiram Hamilton and Suhail Shaikh. There will be no change to the Fund's investment strategies. As of the Effective Date, a "key person event" (as that term is defined in the Fund's initial public offering prospectus, as supplemented, and subsequently revised) will be triggered if any one of Chris Barris, Kevin Cronk or Jonathan DeSimone depart Alcentra or cease to manage/supervise the affairs of the Fund during the life of the Fund. Important Informatio

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on May 14, 2021, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offer are provided in the table below. Number of Shares

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. announced that its Board of Directors approved, effective January 31, 2021 (the "Effective Date"), the appointment of Jonathan DeSimone as a primary portfolio manager of BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. In addition, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc., BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) and BNY Mellon High Yield Strategies Fund (NYSE: DHF) (each, a "Fund" and, collectively, the "Funds") announced that, as of the Effective Date, Leland Hart will no longer serve as a primary portfolio manager of the Fun