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:   2025-03-14T23:59:59+00:00
Accession:  0001193125-25-054816
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 closes $500M Series K Preferred offering via 20M depositary shares at 6.244%
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- Issued 20,000,000 depositary shares, each representing 1/4,000th interest in Series K Noncumulative Perpetual Preferred Stock.
- Series K carries a 6.244% fixed-to-floating rate; liquidation preference $100,000 per preferred share.
- Underwriters include Morgan Stanley, UBS, Deutsche Bank, Goldman Sachs, RBC, and BNY Mellon Capital Markets.
- Common dividend and share repurchase restrictions apply if Series K dividends are not declared and paid.
- Certificate of Designations for Series K filed with Delaware Secretary of State on March 13, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525054816/0001193125-25-054816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525054816/d860516d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-054816

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