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BNY Mellon Hires Veteran-Owned Firms to Participate in a $750 Million Senior Bank Note Issuance in Honor of National Veterans and Military Families Month

BNY Mellon collaborated with eight veteran-owned broker-dealers, all founded by military servicemembers, on a recent senior bank note issuance, recognizing the important contributions servicemembers provide to the country every day.

The eight veteran-owned broker-dealers—Academy Securities, AmeriVet Securities, Bancroft Capital, CAVU Securities, Drexel Hamilton, Mischler Financial Group, Inc., Multi-Bank Securities, Inc., and Roberts & Ryan—participated in the $750 million offering of senior bank notes by The Bank of New York Mellon and underwrote a combined 20% of the notes.

This announcement is the latest example of BNY Mellon’s dedicated support for diversity and inclusivity in the capital markets—and the company at large.

BNY Mellon has previously worked with firms owned by veterans, women and underrepresented minorities. In the second quarter of 2022, minority-owned financial institutions were among the joint lead bookrunners on a $1.7 billion offering of senior medium-term notes by The Bank of New York Mellon Corporation.

“These eight veteran-owned firms understand mission and execution, making them a natural fit to help serve the diverse marketplace in which we operate,” said Sarah McAvoy, Group Treasurer of BNY Mellon. “We are also proud to have many veteran and active-duty military employees as part of our workforce, who are supported through our employee resource group, VETNET. All of these efforts reinforce BNY Mellon’s core values.”

BNY Mellon also works with numerous military charities globally, offers paid leave to employees who are active military reservists to help them fulfill their duties, and provides resources and support to veterans who are transitioning into the financial services sector.

This company news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of The Bank of New York Mellon or The Bank of New York Mellon Corporation.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Sept. 30, 2022, BNY Mellon had $42.2 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.