MUFG Bank

AYPA POWER SECURES $550 MILLION PORTFOLIO FINANCING FOR BORDEN COUNTY AND CALD BATTERY STORAGE PROJECTS

Retrieved on: 
Wednesday, November 8, 2023
MUFG Bank, First Citizens BancShares, National Bank of Canada, National bank, Project finance, IPP, MUFG, Overalls, Blackstone, San Diego Gas & Electric, Security (finance), Renewable energy, CALD, Nomura

This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.

Key Points: 
  • This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.
  • Our financial partners are confident in Aypa Power's ability to deliver impactful energy solutions benefitting both the grid and Aypa's customers.
  • "It is our pleasure to partner with Aypa as the tax equity investor," said U.S. Bancorp Impact Finance Senior Vice President Adam Altenhofen.
  • "Our financing helps facilitate the energy transition and it's exciting to consider the potential impact of these projects in California and Texas."

Aviation Capital Group Appoints Vicente Alava Pons Managing Director of Aircraft Financing Solutions

Retrieved on: 
Wednesday, November 1, 2023
Professional Services, Air, Aerospace, Transport, Manufacturing, Finance, Asset Management, Aircraft, Capital Group Companies, MUFG Bank, EVP, AFS, Economics, ACG, University of Duisburg-Essen, Pons, Workplace, DVB Bank, Growth, LR, University, Aviation, Airline

Aviation Capital Group LLC (ACG) today announced that Vicente Alava Pons has joined the company as a Managing Director on the Aircraft Financing Solutions (AFS) team.

Key Points: 
  • Aviation Capital Group LLC (ACG) today announced that Vicente Alava Pons has joined the company as a Managing Director on the Aircraft Financing Solutions (AFS) team.
  • Pons will be based in Europe, supporting the growth of ACG’s AFS business by developing and structuring new creative financing solutions for airlines and lenders worldwide.
  • “Vicente brings innovative perspectives that will play a pivotal role in steering our company towards continued growth and success.
  • "I am excited to join a well-established and world-leading aircraft lessor like ACG and contribute to expanding the Aircraft Financing Solutions group’s business potential,” said Pons.

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Retrieved on: 
Thursday, September 28, 2023
Allen & Overy, Investment banking, Citibank Europe, Designated activity company, AMRO Bank, SFR, Natixis, ABN, Finance, Deutsche Bank, Participation, BNP Paribas, Acquisition, Toronto-Dominion Bank, PTI, ING Group, Growth, MUFG Bank, Security, Bank, Cellnex, Scotiabank

"The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.

Key Points: 
  • "The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.
  • We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers", said Dagan Kasavana, Chief Executive Officer of PTI.
  • "By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth.
  • We are pleased to partner with such a strong lender group in this landmark transaction", said Michael Bremer, Chief Financial Officer of PTI.

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Retrieved on: 
Thursday, September 28, 2023
Allen & Overy, Investment banking, Citibank Europe, Designated activity company, AMRO Bank, SFR, Natixis, ABN, Finance, Deutsche Bank, Participation, BNP Paribas, Acquisition, Toronto-Dominion Bank, PTI, ING Group, Growth, MUFG Bank, Security, Bank, Cellnex, Scotiabank

"The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.

Key Points: 
  • "The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.
  • We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers", said Dagan Kasavana, Chief Executive Officer of PTI.
  • "By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth.
  • We are pleased to partner with such a strong lender group in this landmark transaction", said Michael Bremer, Chief Financial Officer of PTI.

Sierra Space Increases Total Investment to a Record $1.7 Billion with $290M Series B Funding, Bringing Valuation to $5.3 Billion

Retrieved on: 
Tuesday, September 26, 2023
Professional Services, Technology, Satellite, Aerospace, Manufacturing, Venture Capital, Sierra Nevada Corporation, Partnership, Mitsubishi Heavy Industries, MUFG, Orbit, Dream, ISS, JAXA, International Space Station, Multimedia, Tokio Marine Nichido, Citigroup, NASA, LEO, Dream Chaser, Growth, Origins of the International Space Station, Oita Airport, MUFG Bank, Space, Video game, Japan Airlines

The round brings the company’s total capital raised to $1.7 billion, the largest ever capital raise by a commercial space company over the combined Series A and B rounds.

Key Points: 
  • The round brings the company’s total capital raised to $1.7 billion, the largest ever capital raise by a commercial space company over the combined Series A and B rounds.
  • This latest milestone elevates Sierra Space’s valuation to $5.3 billion and reaffirms the company’s position as a leader in the new global space industry.
  • "Sierra Space is excited to create a long-term strategic relationship with our Japanese investors and industry partners,” said Tom Vice, CEO of Sierra Space.
  • Citi acted as private placement agent to Sierra Space on this Series B transaction.

ACAMS Assembly Conference Bolsters Japan's Financial-Crime Fight with Expert Guidance on Corporate Transparency, Sanctions, and More

Retrieved on: 
Friday, September 1, 2023
Cabinet Office, Risk, Executive, Financial Services Agency, U.S. Department of the Treasury, Office of Inspector General, AFC, Office of Inspector General, U.S. Department of Health and Human Services, Assembly, Mitsubishi UFJ Trust and Banking Corporation, Australian Strategic Policy Institute, Financial Action Task Force, Sumitomo Mitsui Banking Corporation, Ministry, Treasury, ACAMS, Mizuho Bank, Cabinet Legislation Bureau, National Defence Academy, Policy, FATF, MUFG Bank, Fraud, Ministry of Finance (Japan), National Defense Academy of Japan, Cryptocurrency

TOKYO, Aug. 31, 2023 /PRNewswire/ -- ACAMS, a leading international membership organization dedicated to the fight against illicit finance, will host a unique 2-day educational conference and networking event beginning on September 20th at the Grand Hyatt Tokyo in support of Japan's anti-financial crime (AFC) regime and its efforts to clamp down on money laundering, sanctions evasion, fraud and other criminal activity.

Key Points: 
  • Rick McDonell, ACAMS Executive Director and the former Executive Secretary of the Financial Action Task Force (FATF), and Dr. Justine Walker, ACAMS Global Head of Sanctions, Compliance and Risk, will moderate high-level discussions on pressing compliance topics, including:
    "As Japan continues to strengthen its AFC regime in line with FATF's recommendations, it's critical that the public and private sectors come together to share their knowledge on the best path forward," said ACAMS CEO Scott Liles.
  • "By convening leading experts in illicit finance, The Assembly Japan will drive impactful conversations, forging strong partnerships to effectively combat criminal networks."
  • In addition to having opportunities to pose their compliance questions directly to speakers, attendees will also have the chance to network with industry peers, experts, and other stakeholders.
  • For more information on The Assembly Japan, including access to the agenda and registration portal, please visit: https://www.acams.org/en/events/the-assembly/the-assembly-japan .

MUFG Bank, Ltd. announces Risk-Adjusted Capital Ratio Based on the Basel 3 Standards for the First Quarter Ended June 30, 2023

Retrieved on: 
Monday, August 14, 2023
Banking, Professional Services, Finance, Mitsubishi UFJ Trust and Banking Corporation, Financial Services Agency, MUFG Bank, Mitsubishi Group, Ridesharing, Cryptocurrency, Insurance

Risk-adjusted capital ratio of Mitsubishi UFJ Financial Group, Inc. is computed in accordance with the Notification of the Financial Services Agency No.20, 2006.

Key Points: 
  • Risk-adjusted capital ratio of Mitsubishi UFJ Financial Group, Inc. is computed in accordance with the Notification of the Financial Services Agency No.20, 2006.
  • Risk-adjusted capital ratio of MUFG Bank, Ltd. and Mitsubishi UFJ Trust and Banking Corporation are computed in accordance with the Notification of the Financial Services Agency No.19, 2006.

Hitachi: Commencement of Joint Studies on Business Initiatives Towards the Development of Sustainable Finance

Retrieved on: 
Thursday, May 25, 2023
Hitachi, Communication, Insurance, Disclosure, Eye, Nippon Life, Environment, MUFG Bank, Sumitomo Mitsui Banking Corporation, Cryptocurrency, Renewable energy, Online shopping, ESG

In this manner, we will conduct studies jointly towards formal launch of the services in the future.

Key Points: 
  • In this manner, we will conduct studies jointly towards formal launch of the services in the future.
  • ESG investment has been expanding rapidly in recent years against the backdrop of a growing interest in ESG (Environment, Social, and Governance).
  • This will support the expanding ESG investment and market and contribute to the development of a healthy market.
  • The association will verify the usefulness of the platform and promote joint examinations towards the formal launch of the services.

Omega Announces $400 Million Senior Unsecured Term Loan

Retrieved on: 
Friday, August 11, 2023
Nursing, Health, Hospitals, Managed Care, Construction & Property, General Health, REIT, Royal Bank of Canada, Term loan, Truist Financial, Scotiabank, M&T Bank, BofA Securities, JPMorgan Chase, Omega, Regions Financial Corporation, Wells Fargo, Huntington Bancshares, Asset-backed security, ATM, Bank of America, Investment, Investment banking, Citizens Bank, Chase Bank, National Association, Bank, MUFG Bank, NYSE, Security (finance)

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced that it has entered into a new two-year $400 million senior unsecured term loan (the “Term Loan”).

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced that it has entered into a new two-year $400 million senior unsecured term loan (the “Term Loan”).
  • The Term Loan includes an “accordion feature” that permits the Company to expand its borrowing capacity to an aggregate of up to $500 million.
  • The Term Loan will bear interest at a rate consistent with the Company’s existing $50 million term loan equal to (a) Term or Daily Simple SOFR plus a spread of between 0.85% and 1.85% or (b) the base rate plus a spread between 0.00% and 0.85%, with each spread determined based on the Company’s credit rating.
  • The Company also executed $400 million of variable-to-fixed interest rate swaps that fix the Secured Overnight Financing Rate (“SOFR”) variable component of the Term Loan at 4.015% for four years.

Griffin Global Asset Management Holdings, Ltd. Closes $525 Million Unsecured Revolving Credit Facility

Retrieved on: 
Monday, August 7, 2023
LLP, Bank of Montreal, PNC Financial Services, BofA Securities, Lead arranger, Milbank, Barclays, Bank of America, Creditor, Citibank, National Association, Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Hughes Hubbard & Reed, Aircraft, Security (finance)

DUBLIN, Ireland, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management Holdings, Ltd. (“Griffin Corporate”) announces the closing of a 3-year unsecured revolving credit facility for $525 million.

Key Points: 
  • DUBLIN, Ireland, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management Holdings, Ltd. (“Griffin Corporate”) announces the closing of a 3-year unsecured revolving credit facility for $525 million.
  • Mizuho Bank, Ltd. acted as Administrative Agent and Lead Arranger for the unsecured revolving credit facility.
  • “We are delighted to announce the closing of our unsecured revolving credit facility, which is an important milestone in building an investment grade balance sheet.
  • This $525 million facility provides Griffin Corporate with flexible and attractively priced capital as we continue to deliver new aircraft.