trending Market Intelligence /marketintelligence/en/news-insights/trending/nOqtB6ulzAWLfCs9ASSpzQ2 content esgSubNav
In This List

MUFG Americas Holdings enters into credit agreement with parent

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


MUFG Americas Holdings enters into credit agreement with parent

MUFG Americas Holdings Corp. entered into a $3.5 billion credit agreement with Mitsubishi UFJ Financial Group Inc., its parent company.

The loan has a yearly interest rate of three-month LIBOR plus 0.85%, payable quarterly, and matures Sept. 30, 2020.

Proceeds of the loan have funded loans to MUFG Americas' units. Along with the funding of the loan March 31, MUFG Union Bank NA prepaid three loans from Mitsubishi totaling $3.5 billion.