The Bank of New York Mellon (BK) will be selling a $1,000/share preferred issue. No listing of these shares will occur. The preliminary prospectus is here.
The bank will be redeeming their series C 5.20% $25/share issue which can be seen here. This issue has been redeemable since 2017–it is likely the redemption date will be 12/20/2020 as it must be redeemed on a dividend payment date.
It is surprising that a bank with a credit rating this high Baa1 and BBB took this long to redeem these shares–investors were lulled to sleep as shares closed last Friday at $25.87 so will take about a 50 cent loss on the redemption.
Eugene pointed this one out.