MUFG Bank

Mitsubishi Corporation: Launch of Marunouchi Climate Tech Growth Fund L.P.

Retrieved on: 
Tuesday, May 2, 2023
Carbon, MC, GHG, Mc Group, MIP, PPE, Investment, Growth, MUFG Bank, Roadmap, Renewable energy, Fund

TOKYO, May 2, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the launch of Marunouchi Climate Tech Growth Fund L.P. (the Fund), which is managed by Marunouchi Innovation Partners Co., Ltd. (MIP), a company jointly established by MC, MUFG Bank Ltd. (MUBK) and Pavilion Private Equity Co., Ltd. (PPE).

Key Points: 
  • TOKYO, May 2, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the launch of Marunouchi Climate Tech Growth Fund L.P. (the Fund), which is managed by Marunouchi Innovation Partners Co., Ltd. (MIP), a company jointly established by MC, MUFG Bank Ltd. (MUBK) and Pavilion Private Equity Co., Ltd. (PPE).
  • The Fund will invest primarily in companies dedicated to decarbonization through the development of climate tech.
  • With more funding crucial to meeting those expectations, the demand for climate tech investments is likely to grow over the medium to long term.
  • With the Fund prioritizing investments aimed at spurring growth in companies dedicated to climate tech solutions, MC and MIP shall leverage this opportunity to help commercialize, scale up and rollout those entities' cutting-edge technologies.

MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility

Retrieved on: 
Thursday, April 20, 2023
LIBOR, JPMorgan Chase, SOFR, Security (finance), Chase Bank, MUFG Bank, Facility

NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it has amended and extended its senior secured, multi-currency, revolving credit facility (the “Facility”).

Key Points: 
  • NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it has amended and extended its senior secured, multi-currency, revolving credit facility (the “Facility”).
  • Lender commitments under the Facility will remain $1.705 billion until December 22, 2024 and will decrease to $1.550 billion thereafter.
  • The final maturity date under the Facility was extended by over two years from December 22, 2025 to April 19, 2028.
  • “We are pleased to announce the extension of our revolving credit facility which enhances our liquidity position,” said Mr. Tanner Powell, Chief Executive Officer of the Company.

SASOL SECURES CIRCA USD3 BILLION FIVE-YEAR TERM LOAN AND REVOLVING CREDIT FACILITY AGREEMENT

Retrieved on: 
Tuesday, April 18, 2023
Bank, MUFG Bank, Joint Global Change Research Institute, Sasol, Security (finance), Cryptocurrency

JOHANNESBURG, April 18, 2023 /PRNewswire/ -- Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million.

Key Points: 
  • JOHANNESBURG, April 18, 2023 /PRNewswire/ -- Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million.
  • The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year each.
  • This transaction was launched with a targeted facility size of USD2 500 million, which was subsequently increased to USD2 969 million on the basis of notable oversubscription.
  • The Joint Global Coordinators each pre-committed to the transaction, and invited banks to commit on one of five ticket levels, with the following titles:

ACAMS APAC Conference Offers Plan to Fight Evolving Financial-Crime Threats in Asia

Retrieved on: 
Thursday, April 6, 2023
Singapore Police Force, AFC, JPMorgan Chase, Maybank, RCBC, Commercial Affairs Department, Wells Fargo, Goldman Sachs, BNP Paribas, Rizal Commercial Banking Corporation, AML, Industrial and Administrative Group, Christmas Island, ACAMS, United Overseas Bank, Standard Chartered, DBS Bank, Citibank, MUFG Bank, Anti-Money Laundering Council (Philippines), Asia/Pacific Group on Money Laundering, Conference, Corruption, APG, Automation, Cryptocurrency

WASHINGTON, DC, April 05, 2023 (GLOBE NEWSWIRE) -- To support regional efforts to prevent illicit finance throughout Asia, ACAMS will host a special two-day training and networking event for its 14th Annual AML & Anti-Financial Crime Conference – APAC.

Key Points: 
  • WASHINGTON, DC, April 05, 2023 (GLOBE NEWSWIRE) -- To support regional efforts to prevent illicit finance throughout Asia, ACAMS will host a special two-day training and networking event for its 14th Annual AML & Anti-Financial Crime Conference – APAC.
  • In addition to networking with their peers, attendees will have the opportunity to pose compliance questions to representatives of the Asia/Pacific Group on Money Laundering (APG), Singapore Police Force, U.S.
  • “Anti-financial crime professionals throughout Asia are grappling with growing regulatory requirements and emerging illicit-finance threats that continue to reshape how AFC compliance is conducted,” said ACAMS CEO Scott Liles.
  • Members of the media in Singapore who wish to attend the conference in person, can register by sending an email request to [email protected] with their full name and the organization they represent.

AMNS Luxembourg Holding S.A. signs $5 billion loan agreement with consortium of Japanese banks

Retrieved on: 
Friday, March 31, 2023
Sumitomo Mitsui Trust Holdings, JBIC, Multilateralism, Hazira, Nippon Steel, Japan, Japan Bank for International Cooperation, MUFG Bank, Sumitomo Mitsui Banking Corporation, Security (finance), Renewable energy, ArcelorMittal, Limited

ArcelorMittal (‘the Company’) today announces that AMNS Luxembourg Holding S.A., the parent company of AM/NS India, the Company’s 60/40 steelmaking joint venture with Nippon Steel Corporation in India, has entered into a $5 billion loan agreement (‘JBIC co-financing loan’) with the Japan Bank for International Cooperation (‘JBIC’), MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., Mizuho Bank Europe N.V..

Key Points: 
  • ArcelorMittal (‘the Company’) today announces that AMNS Luxembourg Holding S.A., the parent company of AM/NS India, the Company’s 60/40 steelmaking joint venture with Nippon Steel Corporation in India, has entered into a $5 billion loan agreement (‘JBIC co-financing loan’) with the Japan Bank for International Cooperation (‘JBIC’), MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., Mizuho Bank Europe N.V..
  • The proceeds obtained through the JBIC co-financing loan will be used to finance the expansion of AM/NS India’s annual steelmaking capacity at its Hazira plant from 9 million tonnes to 15 million tonnes.
  • In addition to the primary steelmaking capacity expansion, the project includes the development of downstream rolling and finishing facilities that will enhance AM/NS India’s ability to produce value-added steels for sectors including defence, automotive and infrastructure.
  • The expansion project, which started in October last year upon receipt of environment permitting, will create more than 60,000 jobs.

SAIC Announces Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Monday, April 3, 2023
Technology, Other Defense, Security, Aerospace, Manufacturing, Government Technology, Data Management, Artificial Intelligence, Defense, Cloud, Intelligence, ISEA, Life, Coronavirus, Computer, SAIC, MITS, Acquisition, Federation, Environment, ASRC, United, Software, USTRANSCOM, Human, Organization, Internal Revenue Code, Business intelligence, United States Transportation Command, U.S. Department of Defense Strategy for Operating in Cyberspace, Transport, United States Department of State, Arctic Slope Regional Corporation, United States Department of the Army, MARPA, Engineering, FSA, MUFG Bank, Economic security, LTD, Software as a service, U.S. Navy Diving Manual, Code, Information technology, BIG, IDIQ, Economy, AESD, Public expenditure, EBITDA, Associate, Maintenance (technical), Video game, Reinsurance, Real estate, Security (finance), Holding company, Arms industry, DevOps, Aaron Halfaker

Fiscal year 2023 consisted of 53 weeks with the extra week occurring in the fourth quarter, while fiscal year 2022 consisted of 52 weeks.

Key Points: 
  • Fiscal year 2023 consisted of 53 weeks with the extra week occurring in the fourth quarter, while fiscal year 2022 consisted of 52 weeks.
  • Diluted earnings per share for the quarter was $1.34 compared to $0.76 in the prior year quarter.
  • Adjusted diluted earnings per share(1) was $2.04 for the quarter compared to $1.50 in the prior year quarter.
  • The weighted-average diluted shares outstanding during the quarter decreased to 55.3 million shares from 57.4 million during the prior year quarter.

Phoenix Tower International recognized for the "Latin American Loan of the Year" by 2022 IFR Awards

Retrieved on: 
Tuesday, April 11, 2023
WOM, JPMorgan Chase, International, Anglo-American loan, Banco Santander, BOCA, International Financing Review, Participation, BNP Paribas, Acquisition, Lead arranger, Management, PTI, Lead management, Investment banking, MUFG Bank, Sumitomo Mitsui Banking Corporation, News, Chase Bank, Scotiabank, Bank, S.A

BOCA RATON, Fla., April 11, 2023 /PRNewswire/ -- Phoenix Tower International ("PTI") was proud to be recognized for the "Latin American Loan of the Year" by 2022 IFR Awards, for its $2 billion cross-border syndicated loan transaction.

Key Points: 
  • BOCA RATON, Fla., April 11, 2023 /PRNewswire/ -- Phoenix Tower International ("PTI") was proud to be recognized for the "Latin American Loan of the Year" by 2022 IFR Awards, for its $2 billion cross-border syndicated loan transaction.
  • IFR (International Financing Review), is a leading source of fixed income, capital markets and investment banking news and analysis.
  • The transaction covers 14 of PTI's jurisdictions across Latin America, the Caribbean and United States.
  • According to IFR, the transaction was the largest syndicated loan in Latin America for 2022.

NextDecade Clarifies Recent News Articles about its Financial Advisors

Retrieved on: 
Tuesday, March 28, 2023
Energy, Other Energy, Oil, Gas, Société Générale, MUFG Bank, MUFG, News, Financial adviser

Following recent news articles about its financial advisors, NextDecade Corporation (NextDecade) (NASDAQ: NEXT) is clarifying the following:

Key Points: 
  • Following recent news articles about its financial advisors, NextDecade Corporation (NextDecade) (NASDAQ: NEXT) is clarifying the following:
    Macquarie Capital (USA) Inc. has been NextDecade’s financial advisor since the second quarter of 2017;
    MUFG Bank, Ltd. (MUFG) has been NextDecade’s financial advisor since the first quarter of 2022; and
    Societe Generale (SocGen) has not been NextDecade’s financial advisor since the first quarter of 2022.

MUFG Bank, Ltd.: Notice Regarding Changes of Representatives of the Board of Directors

Retrieved on: 
Wednesday, March 22, 2023
Banking, Professional Services, Finance, MUFG Bank, Management

MUFG Bank announced the following change in Representatives of the Board of Directors decided today.

Key Points: 

MUFG Bank announced the following change in Representatives of the Board of Directors decided today.
Change of Representatives of the Board of Directors due to regular changes in corporate executives.
(1) Effective as of June 28, 2023

Leeward Renewable Energy Closes Financing for Horizon Solar Project

Retrieved on: 
Wednesday, March 15, 2023
Other Energy, Utilities, Construction & Property, Sustainability, Environment, Alternative Energy, Energy, Other Construction & Property, Project finance, Windward and leeward, Verizon Communications, MUFG Bank, Trust, Environmental finance, Wells Fargo, Senior, EDC, Big Plain, Ohio, Electricity, Plain Green Loans, MUFG, Horizon, Export Development Canada, Intel Atom, Renewable energy, Finance

The financing for the Horizon solar facility is an extension of LRE’s previously announced financing for its Big Plain and Oak Trail solar projects .

Key Points: 
  • The financing for the Horizon solar facility is an extension of LRE’s previously announced financing for its Big Plain and Oak Trail solar projects .
  • It further expands the Company’s generation of renewable energy capacity and marks another significant milestone in a growing portfolio of solar facilities.
  • This will be LRE’s fifth solar project in the country and the second solar project in Texas, after Barilla Solar in Reeves County.
  • “This project is another important step toward making solar power ever more affordable and accessible, thereby facilitating the much-needed transition to renewable energy sources.”
    Samantha Buechner, Director for Wells Fargo Renewable Energy & Environmental Finance, shared, “We’re pleased to provide tax equity financing for the Horizon Solar facility as Leeward continues to expand its solar portfolio.