Bank of New York launches $1.25 bln 2-part sale-IFR
NEW YORK, Nov 6 (Reuters) - Bank of New York Mellon (BK.N: Quote, Profile, Research) on Friday launched its $1.25 billion two-part debt sale, said IFR, a Thomson Reuters service.
The sale is expected to include $750 million of five-year notes yielding 83 basis points more than comparable U.S. Treasuries and $500 million of 10-year notes yielding 112 basis points over Treasuries, according to IFR.
Barclays and Deutsche Bank are the joint lead managers of the sale. (Reporting by Pam Niimi; Editing by Chizu Nomiyama)
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