NEW YORK, May 24, 2023 /PRNewswire/ — BNY Mellon (NYSE: BK) today announced that, after June 30, 2023, CME Term SOFR will be the benchmark replacement rate for all outstanding floating rate and fixed-to-floating rate debt securities and preferred stock issued by The Bank of New York Mellon Corporation and…Read More
BNY Mellon Announces CME Term SOFR as Benchmark Replacement Rate for Outstanding US Dollar LIBORLinked Securities After June 30 2023
