Exhibit 5.1
[Letterhead of Sullivan & Cromwell LLP]
June 10, 2025
The Bank of New York Mellon Corporation,
240 Greenwich Street,
New York, NY 10286.
Ladies and Gentlemen:
In connection with the registration under the Securities Act of 1933, as amended (the Act), of $750,000,000 aggregate principal amount of 4.441% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2028 (the 2028 Fixed Rate / Floating Rate Notes), $500,000,000 aggregate principal amount of Floating Rate Callable Senior Medium-Term Notes Series J due 2028 (the 2028 Floating Rate Notes) and $750,000,000 aggregate principal amount of 5.316% Fixed Rate / Floating Rate Callable Senior Medium-Term Notes Series J due 2036 (the 2036 Fixed Rate / Floating Rate Notes and, together with the 2028 Fixed Rate / Floating Rate Notes and the 2028 Floating Rate Notes, the Securities) of The Bank of New York Mellon Corporation, a Delaware corporation (the Company), issued pursuant to the Senior Debt Indenture, dated as of February 9, 2016 (the Base Indenture), as supplemented by the First Supplemental Senior Debt Indenture, dated as of January 30, 2017 (together with the Base Indenture, the Indenture), each between the Company and Deutsche Bank Trust Company Americas, as trustee (the Trustee), we, as your counsel, have examined such corporate records, certificates and other documents, and such questions of law, as we have considered necessary or appropriate for the purposes of this opinion. Upon the basis of such examination, it is our opinion that the Securities constitute valid and legally binding obligations of the Company, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors rights and to general equity principles.
In rendering the foregoing opinion, we are not passing upon, and assume no responsibility for, any disclosure in any registration statement or any related prospectus or other offering material relating to the offer and sale of the Securities.
The foregoing opinion is limited to the Federal laws of the United States and the laws of the State of New York, and we are expressing no opinion as to the effect of the laws of any other jurisdiction.
The Bank of New York Mellon Corporation | -2- |
We have relied as to certain factual matters on information obtained from public officials, officers of the Company and other sources believed by us to be responsible, and we have assumed that the Indenture has been duly authorized, executed and delivered by the Trustee, that the Securities conform to the specimens thereof examined by us, that the certificates of authentication of the Securities of The Bank of New York Mellon, as authenticating agent (the Authenticating Agent), have been manually signed by one of the Authenticating Agents authorized officers, and that the signatures on all documents examined by us are genuine, assumptions which we have not independently verified.
We hereby consent to the filing of this opinion as an exhibit to the Companys Current Report on Form 8-K, filed on the date hereof, and its incorporation by reference into the Registration Statement relating to the Securities (File No. 333-282710). In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act.
Very truly yours,
/s/ Sullivan & Cromwell LLP