BNY Mellon launches proposed Series L preferred depositary share offering; may redeem Series G/H preferred

Bank of New York Mellon Corp

Offers depositary shares each representing a 1/100th interest in new Series L Noncumulative Perpetual Preferred Stock.
Net proceeds intended for general corporate purposes, including potential redemption of Series H Preferred in March 2026.
Company expects but is not obligated to redeem some or all Series G Preferred in September 2025.
Offering subject to pricing, market conditions; no assurance of completion or any redemption.
Preliminary prospectus supplement filed September 3, 2025.

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