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:   2025-09-10T23:59:59+00:00
Accession:  0001193125-25-200101
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of New York Mellon issues 500K depositary shares of Series L preferred stock, raising $500M
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- Public offering of 500,000 depositary shares, each representing 1/100th interest in a share of Series L Noncumulative Perpetual Preferred Stock with $100K liquidation preference per share.
- Underwriters include Barclays, BofA Securities, Citigroup, J.P. Morgan, and BNY Mellon Capital Markets.
- Restrictions: If Series L dividends are not declared and paid, BK cannot pay dividends on or redeem common stock or junior shares.
- Certificate of Designations for Series L filed with Delaware Secretary of State on September 9, 2025, effective same day.
- Deposit Agreement with Computershare Inc. and Computershare Trust Company, N.A. as depositary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525200101/0001193125-25-200101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1390777/000119312525200101/d932260d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-200101

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