Term Sheet

Filed pursuant to Rule 433

Registration Statement Nos.:

333-144261, 333-144261-01,

333-144261-02, 333-144261-03,

333-144261-04, 333-144261-05,

333-144261-06 and 333-144261-07.

THE BANK OF NEW YORK MELLON CORPORATION

FINAL TERM SHEET, JANUARY 29, 2008

$700,000,000 FLOATING RATE NOTES DUE FEBRUARY 5, 2010

 

ISSUER:    THE BANK OF NEW YORK MELLON CORPORATION
SECURITIES:    SENIOR MEDIUM-TERM NOTES, SERIES G
EXPECTED RATINGS:    AA2/A+/AA- (STABLE/POSITIVE/POSITIVE)
MATURITY DATE:    FEBRUARY 5, 2010
TRADE DATE:    JANUARY 29, 2008
SETTLEMENT DATE:    FEBRUARY 5, 2008 (T+5)
COUPON:    3 MONTH LIBOR + 40 BASIS POINTS
COUPON FREQUENCY:    QUARTERLY
INTEREST PAYMENT DATES:    QUARTERLY ON THE 5TH DAY OF FEBRUARY, MAY, AUGUST AND NOVEMBER OF EACH YEAR, COMMENCING MAY 5, 2008, AND ENDING ON THE MATURITY DATE (MODIFIED FOLLOWING, ADJUSTED)
INTEREST RESET DATES:    QUARTERLY ON THE 5TH DAY OF FEBRUARY, MAY, AUGUST AND NOVEMBER OF EACH YEAR, COMMENCING MAY 5, 2008 (MODIFIED FOLLOWING, ADJUSTED)
INTEREST RATE   
DETERMINATION DATES:    THE SECOND LONDON BUSINESS DAY PRECEDING THE RELATED INTEREST RESET DATE
DAY COUNT:    ACTUAL/360
PRINCIPAL AMOUNT:    $700,000,000
PRICE TO PUBLIC:    100.00% PLUS ACCRUED INTEREST, IF ANY, FROM FEBRUARY 5, 2008
UNDERWRITING DISCOUNT:    0.02%

 


ALL-IN PRICE:    99.98% PLUS ACCRUED INTEREST, IF ANY, FROM FEBRUARY 5, 2008
NET PROCEEDS:    $699,860,000
PRICING BENCHMARK:    3 MONTH LIBOR (REUTERS PAGE LIBOR01)
SPREAD TO BENCHMARK:    +40 BASIS POINTS
REDEMPTION:    NOT REDEEMABLE BY THE ISSUER PRIOR TO MATURITY
DENOMINATIONS:    $1,000 X $1,000
LISTING:    NONE
CUSIP:    06406HBH1
BOOKRUNNERS:    J.P. MORGAN SECURITIES INC.
   MORGAN STANLEY & CO. INCORPORATED
CO-MANAGERS:    BNY CAPITAL MARKETS, INC.
UNDERWRITING:    THE UNDERWRITING AGREEMENT PROVIDES THAT THE UNDERWRITERS ARE OBLIGATED TO PURCHASE ALL OF THE NOTES IF ANY ARE PURCHASED. THE UNDERWRITING AGREEMENT MAY BE TERMINATED BY THE UNDERWRITERS PRIOR TO ISSUANCE OF THE NOTES IN CERTAIN CIRCUMSTANCES.

The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, and other documents the Issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. MORGAN SECURITIES INC. at 1 (212) 834-4533 and MORGAN STANLEY & CO. INCORPORATED toll free at 1 (866) 718-1649.

 

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