NEW YORK, November 20, 2012 — BNY Mellon, the global leader in investment management and investment services, has been appointed master trustee, bond trustee, paying agent and registrar, index rate calculation agent and tender agent by Baylor College of Medicine for its $462 million debt restructuring, which comprises four bond issues.  Baylor College of Medicine is a leading biomedical research facility and the only private medical school in the southwestern United States.

"We chose to work with BNY Mellon on this restructuring because of its ability to help the College position itself for stability and growth through a complex series of transactions," said Kimberly C. David, senior vice president and chief financial officer at Baylor College of Medicine.

"Many healthcare and higher education institutions are finding that they need to restructure their debt because of changing capital market conditions," said Antonio Portuondo, head of public/not-for-profit client and business development for BNY Mellon Corporate Trust.  "We are committed to supporting our clients through both expansions and repositionings, and being appointed to service such a high profile restructuring illustrates Baylor's trust in our capabilities and expertise."

BNY Mellon Corporate Trust services $11.6 trillion in outstanding debt from 61 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 to develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.

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 principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets.  BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team.  It has $27.9 trillion in assets under custody and administration and $1.4 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.