financetom
Business
financetom
/
Business
/
Bank of New York Mellon to Redeem $400 Million of Floating Senior Notes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bank of New York Mellon to Redeem $400 Million of Floating Senior Notes
Mar 17, 2025 6:36 AM

09:10 AM EDT, 03/17/2025 (MT Newswires) -- Bank of New York Mellon ( BK ) said Monday that it will redeem all of its issued and outstanding floating rate senior notes due April 25 for an aggregate principal amount of $400 million.

The lender said the redemption price is equal to 100% of the principal amount plus any interest. The notes will be redeemed on March 25.

Shares were 0.3% lower in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Laser Photonics Expands Into Aerospace With Key Rocket Lab Deal: Details
Laser Photonics Expands Into Aerospace With Key Rocket Lab Deal: Details
Mar 11, 2025
Shares of industrial laser systems developer Laser Photonics Corporation ( LASE ) are trading higher on Tuesday. The company has received a significant order from Rocket Lab USA, Inc ( RKLB )., a provider of space systems and launch services. Rocket Lab plans to utilize LPC’s MarkStar Pro handheld laser (MSIM-1020) to streamline its supply chain, verifying the authenticity of...
Why Aspira Women's Health (AWH) Stock Is Skyrocketing
Why Aspira Women's Health (AWH) Stock Is Skyrocketing
Mar 11, 2025
Aspira Women’s Health Inc (NASDAQ:AWH) shares are trading higher by 35.6% to 26 cents during Tuesday’s session after the company secured $1.37 million through a private placement of Senior Secured Convertible Promissory Notes due March 6, 2030. What To Know: The notes, issued to existing and new accredited investors, accrue quarterly interest at 3.34% and can be converted into units...
Better Choice Signs Letter of Intent to Buy Choice Specialty Pharmacy
Better Choice Signs Letter of Intent to Buy Choice Specialty Pharmacy
Mar 11, 2025
10:34 AM EDT, 03/11/2025 (MT Newswires) -- Better Choice ( BTTR ) said Tuesday it signed a binding letter of intent to acquire pharmacy services provider Choice Specialty Pharmacy through an option purchase agreement. The purchase price is based on six times Choice Specialty's fiscal year 2024 adjusted earnings before interest, taxes, depreciation, and amortization of about $4.7 million and...
China's Manus AI partners with Alibaba's Qwen team in expansion bid
China's Manus AI partners with Alibaba's Qwen team in expansion bid
Mar 11, 2025
BEIJING, March 11 (Reuters) - China's Manus AI announced on Tuesday a strategic partnership with the team behind tech giant Alibaba's ( BABA ) Qwen AI models, a move that could bolster the artificial intelligence start-up's roll-out of what it called the world's first general AI agent. Unlike a chatbot, an AI agent can operate as a digital employee, executing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved