MUFG Bank

MUFG Bank, Ltd. Announces Risk-Adjusted Capital Ratio Based on the Basel 3 Standards for the Third Quarter Ended December 31, 2022

Retrieved on: 
Tuesday, February 14, 2023
Banking, Professional Services, Finance, Mitsubishi Group, Financial Services Agency, Mitsubishi UFJ Trust and Banking Corporation, MUFG Bank, 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.

MUFG Bank, Ltd. announces Consolidated Summary Report [under Japanese GAAP] for the nine months ended December 31, 2022

Retrieved on: 
Thursday, February 2, 2023
Banking, Professional Services, Finance, Mitsubishi UFJ Financial Group, Mitsubishi Group, Full Disclosure (book), Annual report, MUFG Bank, MUFG, Consolidated, GAAP, Cryptocurrency, Bank

For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced.

Key Points: 
  • For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced.
  • 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 nine months ended December 31, 2022.
  • Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd.

Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project

Retrieved on: 
Friday, January 27, 2023
Data Management, Technology, Telecommunications, Networks, Carriers and Services, Hardware, Digital divide, NEC, Japan, Government, Japan Bank for International Cooperation, NEXI, MUFG Bank, Multilateralism, IIJ, Project, Nippon Export and Investment Insurance, Toyota, NTT Communications, City, Toyota Tsusho, Education, JBIC, System, Communication, Environment, DX, Network equipment provider, Mobile phone

Toyota Tsusho Corporation ("Toyota Tsusho"), Internet Initiative Japan Inc. ("IIJ"), NEC Corporation ("NEC"), and NTT Communications Corporation ("NTT Com") announced today the conclusion of a contract with Uzbektelecom, a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project ("the Project") to provide data center and telecommunications infrastructure for an advanced data communication system ("the System").

Key Points: 
  • Toyota Tsusho Corporation ("Toyota Tsusho"), Internet Initiative Japan Inc. ("IIJ"), NEC Corporation ("NEC"), and NTT Communications Corporation ("NTT Com") announced today the conclusion of a contract with Uzbektelecom, a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project ("the Project") to provide data center and telecommunications infrastructure for an advanced data communication system ("the System").
  • The Project is funded by the Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), and the MUFG Bank, Ltd.
  • As the prime contractor for the Project, Toyota Tsusho will serve as the overall coordinator and ensure the smooth progress of the Project.
  • In the Uzbektelecom telecommunications transport network and data network expansion project, NEC will contribute to the operation of the national telecommunications infrastructure by providing optical wavelength multiplexing communications equipment and training for Uzbektelecom's operational staff, leveraging its many years of experience in supporting Uzbekistan's telecommunications infrastructure.

Greenberg Traurig Continues Growth of Corporate and Financial Regulatory & Compliance Practices with Addition of Hilary R. Sledge-Sarnor

Retrieved on: 
Monday, February 6, 2023
Blockchain, Public policy, Inclusion, District court, MUFG Bank, LLP, Digital asset, Culture, MUFG Union Bank, Corporation, Documentation, International Design Excellence Awards, Santa Clara University School of Law, Sale, The Weinstein Company, Public, Hilary Onek, Barnard College, Legal Department (Hong Kong), Financial Regulatory Authority, Law, Defense, LOS, Audit, Bank

LOS ANGELES, Feb. 6, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expanded its Corporate and Financial Regulatory & Compliance practices with the addition of Hilary R. Sledge-Sarnor as a shareholder in the firm's Los Angeles office. She joins from MUFG Bank, Ltd. and its former wholly-owned subsidiary, MUFG Union Bank, N.A., where she served as executive counsel to the general counsel.

Key Points: 
  • Global law firm Greenberg Traurig, LLP expanded its Corporate and Financial Regulatory & Compliance practices with the addition of Hilary R. Sledge-Sarnor as a shareholder in the firm's Los Angeles office.
  • LOS ANGELES, Feb. 6, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expanded its Corporate and Financial Regulatory & Compliance practices with the addition of Hilary R. Sledge-Sarnor as a shareholder in the firm's Los Angeles office .
  • Sledge-Sarnor advises U.S. and foreign financial institutions and their holding companies on a wide range of financial regulatory, transactional, corporate governance, and compliance matters.
  • "We've recently added Mark Shaffer in New York and Tim Dolan in London to our Financial Regulatory & Compliance team, and we continue to see growing demand for our sophisticated financial, regulatory, and transactional services."

Ten West Link Commemorates Start of Construction on Transmission Line Connecting California and the Desert Southwest

Retrieved on: 
Friday, January 20, 2023
Arizona Corporation Commission, APLMA, Bureau, LMA, 2016 United Nations Climate Change Conference, CAISO, Life, IBEW, Congress, Documentation, Politics of the Federated States of Micronesia, Energy, Société Générale, Bureau of Land Management, LSTA, Mainzer, Plain Green Loans, Climate change, White House, California Independent System Operator, L.L.C, MUFG, Administration, Ministry of home affairs, City, MUFG Bank, Renewable energy, Management, Southwestern United States, Federal, Central Arizona Project, Tribe

GREENWICH, Conn., Jan. 20, 2023 /PRNewswire/ -- Vice President Kamala Harris and Federal officials joined with Arizona and California leaders, members of Lotus Infrastructure Partners, the California Independent Systems Operator (CAISO) and other dignitaries yesterday, January 19, 2023, to commemorate the groundbreaking of Ten West Link, a 125-mile high-voltage transmission project that will enhance the western electric grid and bring more than 3,000 Megawatts of renewable energy resources to consumers throughout California and the Desert Southwest.

Key Points: 
  • To create this clean energy future, we must construct thousands of miles of new high-voltage transmission lines all across our country.
  • Ten West Link will improve grid efficiency and reliability, while enabling new renewable energy and energy storage resources.
  • At its peak, construction will bring more than 350 jobs to the region, including more than 250 union construction jobs.
  • Additionally, Ten West Link will facilitate development of new renewable energy solar and solar plus storage resources in the rapidly growing Desert Southwest region.

Portillo’s Inc. Completes Successful Debt Refinancing Transaction

Retrieved on: 
Monday, February 6, 2023
Asset-backed security, London Interbank Bid Rate, LIBOR, Fifth Third Bank, SOFR, BofA Securities, Wells Fargo, MUFG Bank, Line of credit, OAK, IPO, Environment, Bank, Security (finance)

At prevailing rates, the all-in interest rate on the term debt has been reduced by approximately 270 basis points.

Key Points: 
  • At prevailing rates, the all-in interest rate on the term debt has been reduced by approximately 270 basis points.
  • The refinancing provides Portillo’s with greater financial flexibility in support of the Company’s ongoing expansion.
  • The Company also entered into a new 5-year Revolving Credit Facility, increasing its short-term borrowing capacity from $50 million to $100 million.
  • “Since our IPO in 2021, we’ve prudently managed our capital structure by reducing leverage and securing more favorable terms on our debt obligations,” said Michelle Hook, Portillo’s Chief Financial Officer.

Aviation Capital Group Announces $600 Million in Unsecured Term Loan Financings

Retrieved on: 
Wednesday, January 11, 2023
Professional Services, Air, Transport, Finance, Multilateralism, Aviation, JBIC, Japan Bank for International Cooperation, Capital market, MUFG, MUFG Bank, Capital Group Companies, Senior, Growth, ACG, Bank

Aviation Capital Group LLC (“ACG”) announced today that it has recently entered into two unsecured term loans totaling $600 million.

Key Points: 
  • Aviation Capital Group LLC (“ACG”) announced today that it has recently entered into two unsecured term loans totaling $600 million.
  • The first is a $300 million senior unsecured term loan with an accordion feature potentially allowing for an additional $50 million of commitments.
  • The second is a $300 million senior unsecured term loan with the Japan Bank for International Cooperation (“JBIC”).
  • “We are pleased to announce the closing of $600 million in term loan financings.

Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project

Retrieved on: 
Friday, January 27, 2023
Multilateralism, Project, Nippon Telegraph and Telephone, System, Nippon Export and Investment Insurance, Toyota Tsusho, JBIC, Education, Communication, Japan Bank for International Cooperation, Toyota, Digital divide, Government, MUFG Bank, Environment, IIJ, Telecommunication, City, NEC, NEXI, DX, Japan, Network equipment, Television, Mobile phone

TOKYO, Jan 27, 2023 - (JCN Newswire) - Toyota Tsusho Corporation ("Toyota Tsusho"), Internet Initiative Japan Inc. ("IIJ"), NEC Corporation ("NEC"), and NTT Communications Corporation ("NTT Com") announced today the conclusion of a contract with JSC Uzbektelecom ("Uzbektelecom"), a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project ("the Project") to provide data center and telecommunications infrastructure for an advanced data communication system ("the System").

Key Points: 
  • TOKYO, Jan 27, 2023 - (JCN Newswire) - Toyota Tsusho Corporation ("Toyota Tsusho"), Internet Initiative Japan Inc. ("IIJ"), NEC Corporation ("NEC"), and NTT Communications Corporation ("NTT Com") announced today the conclusion of a contract with JSC Uzbektelecom ("Uzbektelecom"), a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project ("the Project") to provide data center and telecommunications infrastructure for an advanced data communication system ("the System").
  • The Project is funded by the Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), and the MUFG Bank, Ltd.
  • As the prime contractor for the Project, Toyota Tsusho will serve as the overall coordinator and ensure the smooth progress of the Project.
  • In the Uzbektelecom telecommunications transport network and data network expansion project, NEC will contribute to the operation of the national telecommunications infrastructure by providing optical wavelength multiplexing communications equipment and training for Uzbektelecom's operational staff, leveraging its many years of experience in supporting Uzbekistan's telecommunications infrastructure.

Tatsuo Tanaka Appointed as Japan Chair to Apollo

Retrieved on: 
Monday, December 26, 2022
MUFG Bank, Mitsubishi, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Trust Holdings, Retirement, Growth, NYSE, Representative office, US, Union Bank, APO, Renewable energy, Financial services

NEW YORK, Dec. 26, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Tatsuo Tanaka has been named as Japan Chair to Apollo.

Key Points: 
  • NEW YORK, Dec. 26, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Tatsuo Tanaka has been named as Japan Chair to Apollo.
  • It is a privilege to serve as their Japan Chair as we bring Apollo’s expertise to new institutional partners and individual investors across the country,” said Mr. Tanaka.
  • This appointment reflects our long-term commitment to the Japan market, and we believe Mr. Tanaka will help accelerate our growing asset management and retirement services businesses in Japan,” said Matt Michelini, Partner and Head of Asia-Pacific for Apollo.
  • As Japan Chair, Mr. Tanaka will continue to support the entirety of Apollo’s asset management platform, including its equity business which is led by Tetsuji Okamoto, Partner and Head of Japan Private Equity.

Akulaku Announces $200 Million Investment from MUFG

Retrieved on: 
Monday, December 26, 2022
GMV, LLP, Global Commercial Credit, Mitsubishi UFJ Financial Group, History, US, Siam Commercial Bank, Morgan Stanley, Knowledge, Partnership, SCB, Growth, Insurance, Risk management, Neobank, Acquisition, MUFG, MUFG Bank, Financial services, Bank

JAKARTA, Indonesia, Dec. 26, 2022 /PRNewswire/ -- Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku's projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved customers and markets. The Company's future growth plans align with MUFG's, and the companies' joint expansion into new territories, markets, and products will accelerate heading into 2023. This is the second strategic investment in the Company this year, following the US$100 million in funding closed from Siam Commercial Bank ("SCB"), Thailand's leading full-service bank, in the beginning of 2022.

Key Points: 
  • JAKARTA, Indonesia, Dec. 26, 2022 /PRNewswire/ -- Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).
  • Along with the investment, Akulaku and MUFG will enter into a framework agreement for Akulaku to work with MUFG companies across Southeast Asia on technology, product development, financing, and distribution.
  • Our investment in Akulaku will further solidify our commitment in this region to meet growing financial needs of underserved customers.
  • Akulaku exists to help meet the daily financial needs of underserved customers in emerging markets through digital banking, digital financing, digital investment, and insurance brokerage services.