The Bank of New York Company, Inc. [LOGO]
The Bank of New York Company, Inc.
$1,000,000,000
The Bank of New York Company, Inc. CoreNotesSM
Filed under Rule 424 (b)(3), Registration Statement No. 333-103003,
333-103003-01, 333-103003-02, 333-103003-03 and 333-103003-04
Pricing Supplement No. 12 - dated November 14, 2003
(To prospectus dated March 6, 2003 and
prospectus supplement dated March 28, 2003)
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Aggregate Purchasing Proceeds
CUSIP Principal Price to Agent's Before
Number Amount Public(1) Discount(1) Expenses(1)
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0640P0AF2 $537,000 100% 1.50% 98.50%
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Interest Interest Stated
Rate Per Payment Maturity Survivor's
Annum Frequency Date Option
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4.70% Semiannual 11/15/2013 YES
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Senior Medium-Term Notes Series E
Interest Payment Dates: The 15th day of May and November of each year
commencing 05/15/2004.
Redemption Information: The notes are not callable and are not subject to
optional redemption.
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Aggregate Purchasing Proceeds
CUSIP Principal Price to Agent's Before
Number Amount Public(1) Discount(1) Expenses(1)
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06406JDU6 $6,354,000 100% 2.00% 98.00%
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Interest Interest Stated
Rate Per Payment Maturity Survivor's
Annum Frequency Date Option
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5.70% Semiannual 11/15/2018 YES
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Senior Subordinated Medium-Term Notes Series F
Interest Payment Dates: The 15th day of May and November of each year
commencing 05/15/2004.
Redemption Information: Redeemable at the option of The Bank of New York
Company, Inc. on 11/15/2006 and each Interest Payment
Date thereafter, at a price equal to 100% on 30
calendar days notice.
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The Bank of New York Company, Inc.
One Wall Street
New York, New York 10286
Trade Date: 11/14/2003
Issue Date: 11/19/2003
Minimum Denominations/Increments: $1,000/$1,000
Original Issue Discount: No
All trades settle without accrued interest and clear SDFS: DTC Book-Entry only
Merrill Lynch DTC Participant Number: 5132
The defeasance and covenant defeasance provisions of both the Senior
Indenture and the Senior Subordinated Indenture described under "Description of
Senior Debt Securities and Senior Subordinated Debt Securities - Defeasance and
Covenant Defeasance" in the Prospectus will apply to the Notes.
(1) Expressed as a percentage of the aggregate principal amount
"CoreNotes" is a service mark of Merrill Lynch & Co., Inc.
Merrill Lynch & Co.
Purchasing Agent
Acting as Principal
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