The Bank of New York Mellon Appointed Fiscal and Paying Agent for Separate Sovereign Debt Bond Offerings by Brazil and Colombia

PRNewswire
NEW YORK
(NYSE:BK)
Jan 22, 2009

NEW YORK, January 22, 2009 — The Bank of New York Mellon, the global leader in asset management and securities servicing, has been appointed to serve as fiscal and paying agent on separate $1 billion sovereign debt bond offerings by Brazil and Colombia.

As fiscal and paying agent, The Bank of New York Mellon will make interest and principal payments to investors on behalf of Brazil and Colombia and handle other administrative duties related to the issuance of the bonds.

"As the leading corporate trust provider in Latin America, we have the infrastructure, technology and staff to fully support these important bond offerings from Brazil and Colombia," said Samir Pandiri, managing director and head of the International division for The Bank of New York Mellon's Global Corporate Trust business.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

The Bank of New York Mellon's corporate trust business services $12 trillion in outstanding debt from 56 locations around the world. It services all major debt categories, including corporate and sovereign debt, mortgage-backed and asset-backed securities, collateralized debt obligations, derivative securities and international debt offerings.

The Bank of New York Mellon Corporation 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 $20.2 trillion in assets under custody and administration, $928 billion in assets under management and services more than $11 trillion in outstanding debt. Additional information is available at http://www.bnymellon.com.