trending Market Intelligence /marketintelligence/en/news-insights/trending/mzsuvjQKv5VALiesw9R0Fg2 content esgSubNav
In This List

Mitsubishi UFJ Lease & Finance to raise ¥130B in debt issues

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Mitsubishi UFJ Lease & Finance to raise ¥130B in debt issues

Japan's Mitsubishi UFJ Lease & Finance Co. Ltd. plans to raise ¥130 billion by issuing unsecured ordinary bonds.

The Mitsubishi UFJ Financial Group Inc. unit will raise ¥100 billion in a three-tranches issuance. It will issue ¥20 billion worth of three-year bonds with a 0.09% coupon; ¥50 billion of five-year bonds with a 0.22% coupon; and 10-year bonds with a 0.37% coupon.

Mitsubishi UFJ Lease & Finance separately announced plans to issue ¥30 billion of seven-year bonds, with a 0.27% yield.

The lead underwriters of the debt issues are Mitsubishi UFJ Morgan Stanley Securities Co. Ltd., Mizuho Securities Co. Ltd., Daiwa Securities Co. Ltd., SMBC Nikko Securities Co. Ltd., Tokai Tokyo Securities Co. Ltd. and Okasan Securities Co. Ltd.

As of Jan. 17, US$1 was equivalent to ¥110.17.