MUFG Bank

Yoshitsu Co., Ltd Announces New Revolving Credit Facility to Support Future Growth

Retrieved on: 
Monday, October 31, 2022

The Credit Agreement lending syndicate is led by MUFG Bank, Ltd. and MUZUHO Bank Ltd. and includes 17 bank participants.

Key Points: 
  • The Credit Agreement lending syndicate is led by MUFG Bank, Ltd. and MUZUHO Bank Ltd. and includes 17 bank participants.
  • Each draw advanced under the Credit Agreement will bear interest at the then Tokyo Interbank Offered Rate, or TIBOR plus 0.7 percent per annum.
  • The obligations of the Company under the Credit Agreement are secured by the accounts receivable of the Company and are guaranteed by Mr. Mei Kanayama, the Principal Executive Officer ofthe Company.
  • Headquartered in Tokyo, Japan, Yoshitsu Co., Ltd is a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products.

BTIG Adds Sachio Kuninori to Investment Banking Team in Tokyo

Retrieved on: 
Monday, October 31, 2022

BTIG announced today that Sachio Kuninori has joined the firms Investment Banking division as a Managing Director.

Key Points: 
  • BTIG announced today that Sachio Kuninori has joined the firms Investment Banking division as a Managing Director.
  • Mr. Kuninori will be based in BTIGs Tokyo office focusing primarily on providing Mergers and Acquisitions (M&A) advisory services to global companies with headquarters in Japan.
  • We are pleased to welcome Sachio Kuninori to BTIG, commented Shingo Yatsui, Chief Executive Officer of BTIG Japan (KK); Sachio has extensive experience in Japans financial advisory business, and specifically in M&A.
  • BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services.

Stonepeak Upsizes Invesment in American Tower’s Data Center Business

Retrieved on: 
Thursday, October 27, 2022

J.P. Morgan is serving as lead financial advisor to American Tower, who is also being advised by CDX Advisors.

Key Points: 
  • J.P. Morgan is serving as lead financial advisor to American Tower, who is also being advised by CDX Advisors.
  • CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business.
  • Examples of these statements include, but are not limited to, statements regarding the transaction described above and the value and future investment activities of our U.S. data center business.
  • Neither we nor American Tower undertake any obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

MUFG Announces December 1 Closing Date of the Sale of MUFG Union Bank to U.S. Bancorp

Retrieved on: 
Wednesday, October 19, 2022

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.

Key Points: 
  • On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.
  • MUFG further announced on May 15, 2022that an expected closing date has been changed from the first half to the second half of CY2022[2].
  • The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City.
  • The main banking office of MUFG Union Bank is in San Francisco, California.

MUFG Bank Adopts Exabeam Fusion SIEM to Counter Insider Threats

Retrieved on: 
Tuesday, October 18, 2022

Exabeam , a global cybersecurity leader and creator of New-Scale SIEM for advancing security operations, announced today that MUFG Bank, Ltd. has adopted Exabeam Fusion SIEM across its nationwide financial group locations and offices.

Key Points: 
  • Exabeam , a global cybersecurity leader and creator of New-Scale SIEM for advancing security operations, announced today that MUFG Bank, Ltd. has adopted Exabeam Fusion SIEM across its nationwide financial group locations and offices.
  • MUFG Bank chose Exabeam Fusion SIEM to establish a normal baseline of activity across its IT infrastructure to quickly spot abnormalities that may indicate a cybersecurity threat or attack.
  • We are honored to provide our SIEM and behavior analytics technology to MUFG Bank to enable them to quickly react and remediate external and insider threats, said Michael DeCesare, CEO and president, Exabeam.
  • Exabeam, the Exabeam logo, Exabeam Fusion, Smart Timelines, Security Operations Platform, and XDR Alliance are service marks, trademarks or registered marks of Exabeam, Inc. in the United States and other countries.

MUFG Announces Regulatory Approval From the U.S. Federal Banking Regulators for the Sale of MUFG Union Bank to U.S. Bancorp and Related Transactions

Retrieved on: 
Monday, October 17, 2022

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.

Key Points: 
  • On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.
  • With assets of $124.7 billion, as of June 30, 2022, MUFG Union Bank has strong capital reserves, credit ratings, and capital ratios relative to peer banks.
  • The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City.
  • The main banking office of MUFG Union Bank is in San Francisco, California.

The Financial Women's Association Underscores Its Commitment to the Back2Business™ Return-to-Work Program

Retrieved on: 
Wednesday, October 12, 2022

In support of this important mission, the FWA is proud to announce the sixth installment of its successful Back2Business return-to-work program.

Key Points: 
  • In support of this important mission, the FWA is proud to announce the sixth installment of its successful Back2Business return-to-work program.
  • "Our four remarkable corporate sponsors provide mentorship, training and networking opportunities that support today's professionals and advance tomorrow's leaders in financial services."
  • This year, the FWA's Back2Business program provides selected participants with a return-to-work opportunity at one of the following four sponsoring companies: BMO Capital Markets , Brighthouse Financial , Citizens , and MUFG .
  • Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security.

Six One Commodities Successfully Expands and Renews Revolving Credit Facility

Retrieved on: 
Wednesday, September 28, 2022

Six One Commodities LLC (61C) today announced that it has successfully closed a $745 million, one-year revolving borrowing base credit facility (the Facility).

Key Points: 
  • Six One Commodities LLC (61C) today announced that it has successfully closed a $745 million, one-year revolving borrowing base credit facility (the Facility).
  • The Facility was expanded from $540 million by its existing financial institutions, a globally diverse group of six European, North American, and Asian financial institutions.
  • The Facility has a $255 million accordion feature available for a total of $1 billion to support future growth.
  • ING Capital LLC, Wells Fargo Bank, N.A., MUFG Bank, Ltd., and Socit Gnrale are Joint Lead Arrangers for the Facility.

Fannie Mae Names Anthony Moon Executive Vice President and Chief Risk Officer

Retrieved on: 
Thursday, September 15, 2022

WASHINGTON, Sept. 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has appointed Anthony Moon as Executive Vice President and Chief Risk Officer (CRO), effective fourth quarter 2022. In this role, Moon will be responsible for Fannie Mae's Enterprise Risk Management, which oversees the company's governance and strategy for global risk management.

Key Points: 
  • WASHINGTON, Sept. 15, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA)today announced it has appointed Anthony Moon as Executive Vice President and Chief Risk Officer (CRO), effective fourth quarter 2022.
  • In this role, Moon will be responsible for Fannie Mae's Enterprise Risk Management, which oversees the company's governance and strategy for global risk management.
  • Moon will be a member of Fannie Mae's Management Committee and report to David C. Benson, Fannie Mae's President and Interim Chief Executive Officer (CEO).
  • "With nearly 30 years of deep experience in market, credit, operational, and compliance risk, Anthony is well positioned to lead our risk management strategy, a core function of Fannie Mae's business and vital to maintaining the company's safety and soundness," said David C. Benson, President and Interim CEO, Fannie Mae.

MUFG expands financing platform to hospitality industry

Retrieved on: 
Monday, September 12, 2022

NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG) announced today the expansion of its restaurant-finance platform to cover hotel franchises with the hiring of two veteran bankers to its Restaurant and Hospitality Finance team, which is part of MUFG's Corporate and Investment Banking division.

Key Points: 
  • and MUFG Securities Americas Inc. MUFG Union Bank, N.A.
  • MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada.
  • Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups.
  • Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries.