secwatch.observer — SEC 8-K summary
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Issuer:     Bank of New York Mellon Corp (BK)
CIK:        0001390777
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001193125-25-051003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNY Mellon issues 500,000 depositary shares for Series J Preferred, raising ~$500M
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- Filed Certificate of Designations for Series J Noncumulative Perpetual Preferred Stock, effective March 7, 2025.
- On March 10, 2025, issued 500,000 depositary shares (each 1/100th interest) representing 5,000 shares of Series J Preferred with $100,000 liquidation preference per share, raising ~$500M.
- Underwriting agreement with Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC, UBS, BNY Mellon Capital Markets for the offering signed March 3, 2025.
- If Series J dividends not paid for last preceding period, restrictions apply on common stock dividends and repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525051003/0001193125-25-051003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525051003/d857326d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-051003

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