MUFG Bank

Natixis Corporate & Investment Banking leads financing for $1.5 billion sustainability-linked revolving credit facility for Invenergy Renewables Operating I LLC

Retrieved on: 
Wednesday, August 2, 2023

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) has closed a $1.5 billion sustainability-linked revolving credit facility to support Invenergy Renewables Operating I LLC (IROI) and its parents' growing project development pipeline.

Key Points: 
  • NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) has closed a $1.5 billion sustainability-linked revolving credit facility to support Invenergy Renewables Operating I LLC (IROI) and its parents' growing project development pipeline.
  • "Natixis CIB is excited to deliver this landmark financing to a preeminent renewable developer such as Invenergy.
  • The successful refinance and upsize of the corporate facility adds another important milestone to Natixis CIB's longstanding relationship with Invenergy, as well as its investment partners – Blackstone and CDPQ.
  • Natixis CIB was proud to partner with the excellent team at Invenergy and an outstanding bank group to deliver this landmark financing.

MUFG Bank, Ltd. announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. [under Japanese GAAP] for the three months ended June 30, 2023

Retrieved on: 
Tuesday, August 1, 2023

Three months ended June 30, 2023

Key Points: 
  • Three months ended June 30, 2023
    Three months ended June 30, 2022
    ※ This “Consolidated Summary Report” (Quarterly “Tanshin”) is outside the scope of the external auditor’s quarterly review procedure.
  • The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (“Japanese GAAP”).
  • Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the three months ended June 30, 2023.
  • Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd.

Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action

Retrieved on: 
Friday, July 28, 2023

A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.

Key Points: 
  • A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.
  • Earlier settlements totaling $590 million were reached with Barclays, Citibank, Deutsche Bank, and HSBC, bringing the total settlement amount to $680 million.
  • If you stay in the Settlement Class, you may object to the Settlement by September 29, 2023.
  • For more information, including the full Notice and Settlement Agreement, visit www.USDollarLiborSettlement.com , email [email protected] , or call 1-888-619-8688
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230728362182/en/

ATN International Completes Renewal and Expansion of Credit Facilities

Retrieved on: 
Monday, July 17, 2023

BEVERLY, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communication services, today announced the completion of a $300 million debt financing that includes extending, and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.

Key Points: 
  • BEVERLY, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communication services, today announced the completion of a $300 million debt financing that includes extending, and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.
  • “We appreciate the continued confidence and support of our bank group, led by CoBank, ACB,” commented Michael Prior ATN’s Chief Executive Officer.
  • “These facilities are an important component of our overall capital structure and strengthen our financial position.”
    CoBank, ACB acted as Administrative Agent, Lead Arranger and lender, Fifth Third Bank and MUFG Bank, Ltd., both acted as Joint Lead Arrangers and lenders for the financing.

NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1

Retrieved on: 
Wednesday, July 12, 2023

NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million tonnes per annum (MTPA) Rio Grande LNG (RGLNG) export facility in Brownsville, Texas.

Key Points: 
  • NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million tonnes per annum (MTPA) Rio Grande LNG (RGLNG) export facility in Brownsville, Texas.
  • The $18.4 billion project financing for RGLNG Phase 1, is the largest greenfield energy project financing in U.S. history and underscores the critical role that LNG and natural gas will continue to play in the global energy transition.
  • The Company believes these options with its partners will enable NextDecade to deliver the full FERC-approved five-train RGLNG project over time.
  • MUFG Bank, Ltd. acted as financial advisor to NextDecade in connection with the debt financing and Macquarie Capital (USA) Inc. acted as financial advisor to NextDecade in connection with the equity financing.

First Solar Secures $1 Billion Revolving Credit Facility

Retrieved on: 
Thursday, July 6, 2023

First Solar , Inc. (Nasdaq: FSLR) announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion.

Key Points: 
  • First Solar , Inc. (Nasdaq: FSLR) announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion.
  • The facility includes up to $250 million which is available for the issuance of letters of credit.
  • J.P. Morgan Chase Bank acted as Lead Arranger and is Administrative Agent for the facility.
  • View the full release here: https://www.businesswire.com/news/home/20230706738811/en/
    First Solar, America's largest solar manufacturer, announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion.

Association of Insolvency and Restructuring Advisors Announces CIRA Certification Award Winners

Retrieved on: 
Wednesday, June 14, 2023

In 1992, the AIRA established the Certified Insolvency and Restructuring Advisor (CIRA) program to recognize by public awareness and certification those individuals who possess a high degree of knowledge and proficiency across a spectrum of functions related to serving clients in situations involving distressed and/or insolvent entities.

Key Points: 
  • In 1992, the AIRA established the Certified Insolvency and Restructuring Advisor (CIRA) program to recognize by public awareness and certification those individuals who possess a high degree of knowledge and proficiency across a spectrum of functions related to serving clients in situations involving distressed and/or insolvent entities.
  • Each year AIRA recognizes through awards sponsored by AlixPartners, LLP, the professionals who complete the CIRA program with the highest scores.
  • The Association of Insolvency and Restructuring Advisors (AIRA) is a nonprofit professional association serving financial advisors, accountants, crisis managers, business turnaround consultants, lenders, investment bankers, attorneys, trustees, and other individuals involved in the fields of business turnaround, restructuring, bankruptcy, and insolvency.
  • AIRA's mission is to (i) Unite and support professionals providing business turnaround, restructuring and bankruptcy services, and (ii) Develop, promote, and maintain professional standards of practice, including a professional certification through its CIRA and CDBV programs.

GO Inc. Raises JPY 10B Series D Led by Goldman Sachs

Retrieved on: 
Wednesday, May 24, 2023

GO Inc. (Head office: Minato-ku, Tokyo; President: Hiroshi Nakajima; hereinafter, the “Company”) has resolved to raise 10.0 billion yen (Approx.

Key Points: 
  • GO Inc. (Head office: Minato-ku, Tokyo; President: Hiroshi Nakajima; hereinafter, the “Company”) has resolved to raise 10.0 billion yen (Approx.
  • 75 million US dollars) by increasing capital through the third-party allotment of shares to Goldman Sachs (the Company’s Series D funding round).
  • In addition, it has concluded commitment line agreements with MUFG Bank, Ltd., and Sumitomo Mitsui Trust Bank totaling 4.0 billion yen (Approx.
  • View the full release here: https://www.businesswire.com/news/home/20230523006124/en/
    GO Inc. Raises JPY 10B Series D led by Goldman Sachs (Graphic: Business Wire)
    Throughout Japan GO Inc. provides a taxi-hailing application “GO,” whose number of downloads has reached 14 million.

Global Cloud-based Quantum Computing Market Report 2023: Accessibility of Quantum Computers Using Cloud Technology Drives Growth

Retrieved on: 
Thursday, May 18, 2023

Some factors driving the market growth include the growing adoption of cloud technology with increasing digitalization and the increasing use of quantum computing software and services across various verticals.

Key Points: 
  • Some factors driving the market growth include the growing adoption of cloud technology with increasing digitalization and the increasing use of quantum computing software and services across various verticals.
  • However, stability and error correction issues and limited skilled expertise for deploying and using cloud-based quantum computing solutions are expected to hinder the market growth.
  • Quantum computing as a service (QCaaS) is a cloud computing service that provides access to quantum computers and its associated technologies.
  • For instance, Amazon Braket is a fully managed quantum computing service designed to help speed up scientific research and software development for quantum computing.

MUFG Bank, Ltd. announces Consolidated Summary Report [under Japanese GAAP] for the fiscal year ended March 31, 2023

Retrieved on: 
Monday, May 15, 2023

Fiscal year ended March 31, 2023

Key Points: 
  • Fiscal year ended March 31, 2023
    Fiscal year ended March 31, 2022
    *This “Consolidated Summary Report” (“Tanshin”) is outside the scope of the external auditor’s audit procedure.
  • The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (“Japanese GAAP”).
  • Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the fiscal year ended March 31, 2023.
  • Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd.