EFTA00642847.pdf

From: Richard Kahn c To: Jeffrey Epstein <jcevacation(kgmail.com> Subject: Fwd: Bank of NY $1000 Par nc10 Preferred Date: Mon, 25 Jul 2016 13:24:05 +0000 Attachments: BNY Mellon — Preliminary_Prospectus Supplement — Series F Preferred St....pdf _ _ _ _ _ _ Please advise. Thank you. Sent from my iPhone Begin forwarded message: From: "Atlas, Andrew SI" Date: July 25, 2016 at 9:21:01 AM EDT To: "Richard Kahn ( )" C Subject: Bank of NY $1000 Par nc10 Preferred Good Morning Rich, Morgan Stanley is pricing a new issue BK $1000 par preferred today. Details: Bank of NY $1000 Par nc10 Preferred Issuer: The Bank of New York Mellon Corporation (Ticker: BK) Early price talk is 4.875% Securities: Depositary shares, each representing 1/10th Interest in a Share of Series F Noncumulative Perpetual Preferred Stock Expected Ratings: Baa1/BBB/BBB (Moody's/S&P/Fitch) Size: Benchmark Offering Price: $1,000 per depositary share Maturity: Perpetual Dividends: (i)[ 1% from the original issue date to but excluding 9/20/2026 and (ii) a floating rate equal to Three- month LIBOR Plus [ ]%, from and including 9/20/2026. Payment Dates: (i) each 20th of March and September commencing 3/20/2017 to and ending 9/20/20206, and (ii) each 20th of March, June, September and December commencing 12/20/2026 Redemption: At the issuer's option at par plus any declared and unpaid dividends: (1) in whole or in part, from time to time, on any dividend payment date on or after 9/20/2026, or (ii) in whole but not in part at any time within 90 days following a Regulatory Capital Treatment Event — see red EFTA00642847 Listing: None (TRACE) DRD/ODI eligible: Yes, see Red for tax and withholding details Use of Proceeds To repurchase up to $560 million of common stock, with a proportionate reduction in common stock repurchases if less than $750 million of depositary shares is issued, and to use any remaining net proceeds for general corporate purposes Let me know if you have any questions. Best Always, Andrew Andrew S. Atlas First Vice President Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 Tel/Direct NMLS ID /4 1326736 NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended to be. and do not constitute. advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have recanted this communication in error. please destroy all electronic and paper copies and notify the sender immediately. Mistransmis.sion is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right. to the extent permitted under applicable law, to monitor electronic communications. This message is subject to terms available al the following link: http://www.moroanstanley.com/disclaimers If you cannot access these links. please notify us by reply message and we will send the contents to you. By communicating with Morgan Stanley you consent to the foregoing and to the voice recording of conversations with personnel of Morgan Stanley. EFTA00642848