May 12, 2009 (FinancialWire) — The Bank of New York Mellon Corp. (NYSE: BK) said it has priced a $1.2 billion offering of 42 million shares of its common stock at $28.75 per share. Goldman, Sachs & Co. (NYSE: GS) and Morgan Stanley (NYSE: MS) are serving as joint bookrunning managers.

BK had originally planned a $1 billion common share offering.

The underwriters will have a 30-day option to purchase up to an additional 6.3 million shares of the company’s common stock.

New York-based Bank of New York Mellon is a financial services company operating in 34 countries and serving more than 100 markets. The company posts $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day.

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