BNY Mellon

JPMorgan Commences Exchange Offer Relating to its Alerian MLP Index ETNs

Retrieved on: 
Wednesday, February 7, 2024

JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) and JPMorgan Chase Financial Company LLC (“JPMorgan Financial”) announced today the commencement of JPMorgan Financial’s offer to exchange (the “Exchange Offer”) its newly offered Alerian MLP Index ETNs due January 28, 2044 (CUSIP: 48133Q309) (the “New Notes” ) for any and all outstanding Alerian MLP Index ETNs due May 24, 2024 (CUSIP: 46625H365) issued by JPMorgan Chase (the “Old Notes” and together with the New Notes, the “Alerian ETNs”).

Key Points: 
  • JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) and JPMorgan Chase Financial Company LLC (“JPMorgan Financial”) announced today the commencement of JPMorgan Financial’s offer to exchange (the “Exchange Offer”) its newly offered Alerian MLP Index ETNs due January 28, 2044 (CUSIP: 48133Q309) (the “New Notes” ) for any and all outstanding Alerian MLP Index ETNs due May 24, 2024 (CUSIP: 46625H365) issued by JPMorgan Chase (the “Old Notes” and together with the New Notes, the “Alerian ETNs”).
  • The Exchange Offer gives existing holders of the Old Notes (“Noteholders”) an opportunity to exchange their Old Notes for New Notes that mature on January 28, 2044, which provide similar exposure to the Alerian MLP Index® (the “Index”) as the Old Notes, subject to the terms and conditions set forth in the Prospectus.
  • None of JPMorgan Financial, JPMorgan Chase, the Trustee, the Dealer Manager or the Exchange Agent makes any recommendation as to whether you should exchange your Old Notes in the Exchange Offer.
  • Any tender of Old Notes for exchange pursuant to the Exchange Offer from a Noteholder that is unable to make these representations will not be accepted.

The Bank of New York Mellon Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Monday, February 5, 2024

This report provides insight into BNY Mellon's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into BNY Mellon's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • The Bank of New York Mellon Corp (BNYMC) is a provider of investment solutions.
  • The company's wealth management offerings include private banking, wealth and estate planning, family office services, and information management.
  • The BNY Mellon Accelerator Program supports Series-A to Series-C fintech companies which develop advanced digital solutions for the most pressing challenges confronting BNY Mellon.

BNY Mellon and Microsoft Forge Strategic Alliance to Expand Leading Capital Markets Data & Analytics Platform

Retrieved on: 
Monday, February 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry.
  • Using Microsoft Azure cloud and BNY Mellon's extensive financial data and analytics capabilities the platform will provide BNY Mellon's buy side and sell side clients with a leading data management solution.
  • With a focus on innovation and the expertise and platforms to help clients achieve their goals, BNY Mellon will also migrate its data and analytics workloads to Microsoft Azure.
  • BNY Mellon's data and analytics suite fully available on the cloud: The collaboration will accelerate the release of BNY Mellon's next generation data and analytics cloud-based Software-as-a-Service (SaaS) offering.

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Retrieved on: 
Friday, February 2, 2024

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash

Key Points: 
  • Tokyo, Japan and Paris, France--(Newsfile Corp. - February 2, 2024) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes.
  • The tender offer, which was previously scheduled to expire at one minute after 11:59 P.M., New York City time, on February 5, 2024, has been extended until one minute after 11:59 P.M., New York City time, on February 20, 2024, unless the tender offer is further extended or earlier terminated.
  • The tender offer was extended to allow additional time for the satisfaction of the remaining closing conditions of the tender offer, including, but not limited to, regulatory approvals (other than the previously announced CFIUS approval, NSIA approval and Taiwan merger control approval) and the valid tender of ordinary shares and ADSs of Sequans representing - together with ordinary shares and ADSs of Sequans beneficially owned by Renesas, if any - at least 90% of the fully diluted ordinary shares of Sequans.
  • The Bank of New York Mellon, the Tender Agent for the tender offer, has advised Renesas that as of 6 p.m., New York City time, on February 1, 2024, approximately 117,383,156 ordinary shares of Sequans (including ordinary shares represented by ADSs), representing approximately 42.3% of the fully diluted ordinary shares of Sequans, have been validly tendered and not properly withdrawn pursuant to the tender offer.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Friday, February 2, 2024

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of December 31, 2023.
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Tuesday, January 30, 2024

Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.

Key Points: 
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com .
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

BNY Mellon to Report First Quarter 2024 Results on April 16, 2024

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) will report financial results for the first quarter 2024 on Tuesday, April 16, 2024.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) will report financial results for the first quarter 2024 on Tuesday, April 16, 2024.
  • Materials will be posted to BNY Mellon's website at approximately 6:30 a.m.
  • ET, and management will host a conference call and simultaneous live audio webcast at 11:00 a.m.
  • An archived version of the first quarter conference call and audio webcast will be available beginning on April 16, 2024, at approximately 2:00 p.m.

BNY Mellon to Speak at the BofA Securities Financial Services Conference

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) announced today that Robin Vince, President and Chief Executive Officer, will speak at the BofA Securities Financial Services Conference in Miami, Florida at 2:10 p.m.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) announced today that Robin Vince, President and Chief Executive Officer, will speak at the BofA Securities Financial Services Conference in Miami, Florida at 2:10 p.m.
  • ET on Tuesday, February 20, 2024.
  • A live webcast of the audio portion of the conference will be available on the BNY Mellon website ( www.bnymellon.com/investorrelations ).
  • An archived version of the audio portion will be available on the BNY Mellon website approximately 24 hours after the live webcast and will remain available until March 20, 2024.

Uxin to Hold an Extraordinary General Meeting on March 1, 2024

Retrieved on: 
Tuesday, January 30, 2024

BEIJING, Jan. 30, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 21/F, Donghuang Building, No.

Key Points: 
  • BEIJING, Jan. 30, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 21/F, Donghuang Building, No.
  • 16 Guangshun South Avenue, Chaoyang District, Beijing 100102, People's Republic of China, at 10:00 am (Beijing time) on March 1, 2024.
  • The purpose of the EGM is for the Company's shareholders to consider and, if thought fit, approve the increase in authorized share capital of the Company.
  • Mr. Kun Dai, the Chairman of the Board, has fixed the close of business on February 5, 2024, as the record date (the "Record Date") in order to determine the shareholders entitled to receive notice of the EGM or any adjourned or postponed meeting thereof.

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Retrieved on: 
Monday, January 22, 2024

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash

Key Points: 
  • Tokyo, Japan and Paris, France--(Newsfile Corp. - January 22, 2024) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes.
  • The tender offer, which was previously scheduled to expire at one minute after 11:59 P.M., New York City time, on January 22, 2024, has been extended until one minute after 11:59 P.M., New York City time, on February 5, 2024, unless the tender offer is further extended or earlier terminated.
  • The tender offer was extended to allow additional time for the satisfaction of the remaining closing conditions of the tender offer, including, but not limited to, regulatory approvals (other than the previously announced CFIUS approval, NSIA approval and Taiwan merger control approval) and the valid tender of ordinary shares and ADSs of Sequans representing - together with ordinary shares and ADSs of Sequans beneficially owned by Renesas, if any - at least 90% of the fully diluted ordinary shares of Sequans.
  • The Bank of New York Mellon, the Tender Agent for the tender offer, has advised Renesas that as of 6 p.m., New York City time, on January 19, 2024, approximately 116,077,972 ordinary shares of Sequans (including ordinary shares represented by ADSs), representing approximately 41.8% of the fully diluted ordinary shares of Sequans, have been validly tendered and not properly withdrawn pursuant to the tender offer.