Pricing Supplement Dated December 4, 2007 (To Prospectus dated July 2, 2007 and Prospectus Supplement dated October 25, 2007) THE BANK OF NEW YORK MELLON CORPORATION |
Rule 424(b)(2) File Nos. 333-144261, 333-144261-01, 333-144261-02, 333-144261- 03, 333-144261-04, 333-144261-05, 333- 144261-06 and 333-144261-07. |
Senior Medium-Term Notes Series G, U.S. $ Floating Rate
Senior Medium-Term Notes Series G
(U.S. $ Floating Rate)
Trade Date: December 4, 2007 | Original Issue Date: December 7, 2007 | |
Principal Amount: $100,000,000 | Net Proceeds to Issuer: $99,970,000 |
Price to Public: 100.000%, plus accrued interest, if any, from December 7, 2007
Commission/Discount: 0.030%
Agents Capacity: x Principal Basis ¨ Agency Basis
Maturity Date: December 7, 2010
Interest Payment Dates: Interest pays quarterly on the 7th day of March, June, September and December of each year, commencing March 7, 2008 and ending on maturity date (modified following, adjusted)
Interest Rate: 3-month LIBOR + 44 basis points
Initial Interest Rate: 3-month LIBOR + 44 basis points determined on the second London Banking Day preceding the Original Issue Date
Interest Reset Dates: Quarterly on the 7th day of March, June, September and December of each year, commencing March 7, 2008 (modified following, adjusted)
Interest Rate Basis: LIBOR (the designated LIBOR page shall be Reuters page LIBOR01 and the LIBOR currency shall be U.S. Dollars)
Index Maturity: 3-month
Spread: + 44 basis points
Interest Rate Determination Dates: The second London Banking Day preceding the related Interest Reset Date
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 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 | ||
Lehman Brothers Inc. |
$ | 40,000,000 | |
Merrill Lynch, Pierce, Fenner & Smith Incorporated |
$ | 40,000,000 | |
BNY Capital Markets, Inc. |
$ | 18,000,000 | |
The Williams Capital Group, L.P. |
$ | 2,000,000 | |
Total: |
$ | 100,000,000 |
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