Business
BNY Mellon Corporate Trust Appointed Servicer on $417 Million Bond Issue and Syndicated Loan Facility for New Bridgepoint Hospital
BNY Mellon Corporate Trust Appointed Servicer on $417 Million Bond Issue and Syndicated Loan Faci...
About this update from Alaska Hydro Corp.
[{"type":"text","content":"\n\n\n\nOct. 15, 2009 (Canada NewsWire Group) -- NEW YORK, Oct. 15 /CNW/ -- BNY Mellon will assume a broad range of administrative roles for the bond issues including processing of principal and interest payments, maintaining noteholder records, administering collateral, collecting and disbursing insurance proceeds throughout the course of the construction and operations.NEW YORK, Oct. 15 /CNW/ -- \"This project, which will have a significant impact on the health care infrastructure and economy in the region, highlights our expertise and strength in providing a wide range of critical services during the life of the 30-year project,\" said James Maitland, managing director and head of BNY Mellon Corporate Trust's international business. \"It also demonstrates our growing presence and market share in Canada's project finance marketplace.\"NEW YORK, Oct. 15 /CNW/ -- BNY Mellon Corporate Trust services nearly $12 trillion in outstanding debt from 58 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.NEW YORK, Oct. 15 /CNW/ -- BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.\n\n\n\n","length":2543,"tagName":"div"}]