Calculation of the Registration Fee
| Title of Each Class of Securities Offered | Maximum Aggregate Offering Price | Amount of Registration Fee (1) | ||
| 2.500% Senior Medium Term Notes, Series G due 2016 |
$600,000,000 | $42,780 | ||
| (1) | Calculated in accordance with Rules 457(r) of the Securities Act of 1933. |
| Pricing Supplement dated December 2, 2010 (To Prospectus dated June 28, 2010 and Prospectus Supplement dated August 6, 2010) THE BANK OF NEW YORK MELLON CORPORATION |
Rule 424(b)(2) File No. 333-167832. |
Senior Medium-Term Notes Series G
(U.S. $ Fixed Rate)
$600,000,000 2.500% Senior Notes Due 2016
Trade Date: December 2, 2010
Original Issue Date: December 9, 2010
Principal Amount: $600,000,000
Net Proceeds to Issuer: $598,920,000
Price to Public: 99.970%, plus accrued interest, if any, from and including December 9, 2010
Commission/Discount: 0.150%
Agent’s Capacity: x Principal Basis Agency Basis
Maturity Date: January 15, 2016
Interest Payment Dates: Semi-annually on the 15th day of January and July of each year, commencing July 15, 2011 and ending on Maturity Date (or next business day, modified following)
Interest Rate: 2.500% per annum
The Notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.
| Form: |
x | Book Entry | ||||
| Certificated | ||||||
| Redemption: |
||||||
| x | The Notes cannot be redeemed prior to maturity | |||||
| The Notes may be redeemed prior to maturity | ||||||
| Repayment: |
||||||
| x | The Notes cannot be repaid prior to maturity | |||||
| The Notes can be repaid prior to maturity at the option of the holder of the Notes | ||||||
| Discount Note: |
Yes | x No | ||||
Defeasance: The defeasance and covenant defeasance provisions of the Senior Indenture described under “Description of Senior Debt Securities and Senior Subordinated Debt Securities – Debt Securities Issued by the Company under the Senior Indenture or the Senior Subordinated Indenture – Legal Defeasance and Covenant Defeasance” in the Prospectus will apply to the Notes.
Plan of Distribution: The Notes described herein are being purchased, severally and not jointly, by each of the agents named in the below table (the “Agents”), each as principal, on the terms and conditions described in the Prospectus Supplement under the caption “Plan of Distribution of Medium-Term Notes.”
| Agent | Aggregate Principal Amount of Notes to be Purchased | |
| Deutsche Bank Securities Inc. |
$210,000,000 | |
| Morgan Stanley & Co. Incorporated |
$210,000,000 | |
| BNY Mellon Capital Markets, LLC |
$ 60,000,000 | |
| Blaylock Robert Van, LLC |
$ 6,000,000 | |
| Jefferies & Company, Inc. |
$ 36,000,000 | |
| RBS Securities Inc. |
$ 36,000,000 | |
| U.S. Bancorp Investments, Inc. |
$ 36,000,000 | |
| The Williams Capital Group, L.P. |
$ 6,000,000 | |
| Total: |
$600,000,000 | |
The Agents expect to deliver the Notes in book-entry form only through the facilities of The Depository Trust Company against payment in New York, New York on or about the fifth business day following the date of this Pricing Supplement. Trades of securities in the secondary market generally are required to settle in three business days, referred to as T+3, unless the parties to a trade agree otherwise. Accordingly, by virtue of the fact that the initial delivery of the Notes will not be made on a T+3 basis, investors who wish to trade the Notes before a final settlement will be required to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement.
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