|
|
Article: BNY Mellon Corporate Trust Appointed Trustee, Paying Agent and Registrar for FYI Properties' $305 Million Bond Issue.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BNY Mellon Corporate Trust has been appointed trustee, paying agent and registrar for FYI Properties' $305 million bond issue, the proceeds of which will help the State of Washington finance its new Technologies Building. FYI Properties is a nonprofit corporation created by the National Development Council to finance, build and maintain the State of Washington's IT facilities.
In its role, BNY Mellon Corporate Trust will provide a variety of services for the debt issue, including processing principal and interest payments and maintaining bondholder records.
BNY Mellon Corporate Trust services nearly $12 trillion in outstanding debt from 58 locations in ...