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Pricing Supplement Dated August 9, 1995 Rule 424(b)(3)
File No. 33-50333
(To Prospectus dated October 8, 1993 and
Prospectus Supplement dated August 1, 1995)
THE BANK OF NEW YORK COMPANY, INC.
Subordinated Retail Medium-Term Notes
(U.S. $ Fixed Rate)
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Trade Date: August 9, 1995 Original Issue Date: August 15, 1995
Principal Amount: $30,000,000 Net Proceeds to Issuer: $29,400,000
Issue Price: (see below) Agent's Capacity:
Selling Agent's x Principal Basis Agency Basis
Commission/Discount: (see below)
Interest Rate: 7.5% per annum Interest Payment Dates: The
Maturity Date: August 15, 2010 fifteenth day of each month,
commencing September 15, 1995
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Form: x Book-Entry
Certificated
Redemption:
The Notes cannot be redeemed prior to maturity
x The Notes may be redeemed prior to maturity on
each August 15 and February 15 occurring on or
after the Initial Redemption Date
Initial Redemption Date: August 15, 2000
Initial Redemption Percentage: 100%
Annual Redemption Percentage Reduction: N/A
Repayment:
x The Notes cannot be repaid prior to maturity
The Notes can be repaid prior to maturity at the
option of the holder of the Notes
Optional Repayment Date: N/A
Optional Repayment Price: N/A
Discount Note: Yes x No
The covenant defeasance provisions of the Indenture described under "Description
of Debt Securities -- Defeasance and Covenant Defeasance" in the Prospectus will
apply to the Notes.
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MERRILL LYNCH & CO.
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The Notes described herein are being purchased by Merrill Lynch & Co., Merrill
Lynch, Pierce, Fenner & Smith Incorporated (the "Agent"), as principal, on the
terms and conditions described in the Prospectus Supplement under the caption
"Plan of Distribution of Retail Medium-Term Notes". The Notes will be sold to
the public at varying prices relating to prevailing market prices at the time of
resale as determined by the Agent. The net proceeds to the Company, before
deducting expenses payable by the Company, will be $29,400,000.
