Reported Earlier, BNY Prices 1.25M Depositary Shares At $1,000 Each, Representing Series O Preferred Stock Interests, In $1.25B Public Offering
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Why It Matters
BNY Mellon sold special shares worth $1.25 billion to raise money. This helps the company have more cash on hand for its business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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