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BK Bank of New York Mellon Corporation

56.03
-0.46 (-0.81%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of New York Mellon Corporation NYSE:BK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.46 -0.81% 56.03 56.93 56.08 56.53 4,053,957 01:00:00

Judge Orders Chesapeake to Pay $379.7 Million in Bond-Redemption Dispute With BNY Mellon -Reuters

10/07/2015 10:09pm

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Bank of New York Mellon (NYSE:BK)
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A federal judge in Manhattan ordered Chesapeake Energy Corp. (CHK) to pay $379.7 million to bond investors in connection with a dispute over a March 2013 redemption notice, Reuters reported Friday.

The judge agreed with trustee Bank of New York Mellon Corp. (BNY) over whether bondholders were entitled to a "make-whole" price because of an early redemption, the report said.

A Chesapeake spokesman declined to comment, Reuters reported.

Full story at http://www.reuters.com/article/2015/07/10/us-chesapeake-enrgy-bank-of-ny-melln-bon-idUSKCN0PK29W20150710

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