![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mitsubishi UFJ Financial Group Inc (PK) | USOTC:MBFJF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.5875 | 10.45 | 11.60 | 33 | 13:36:14 |
Issuer Free Writing Prospectus Filed by Mitsubishi UFJ Financial Group, Inc. | ||||
![]() |
Pursuant to Rule 433 Reg-Statement No. 333- 242048 September 6, 2022 |
Senior Callable Floating Rate Notes Due 2025
Senior Callable Fixed-to-Fixed Reset Rate Notes Due 2025
Senior Callable Fixed-to-Fixed Reset Rate Notes Due 2028
Senior Callable Fixed-to-Fixed Reset Rate Notes Due 2033
Senior Callable Floating Rate Notes Due 2025
Issuer: |
Mitsubishi UFJ Financial Group, Inc. (the Company) | |
Size: |
U.S.$400,000,000 | |
Issuer Ratings (Moodys / S&P / Fitch)*: |
A1 / A- / A- | |
Expected Security Ratings (Moodys /S&P / Fitch)*: | A1 / A- / A- | |
Security Type: |
Senior Notes | |
Currency: |
U.S.$ | |
Trade Date: |
September 6, 2022 | |
Settlement Date: |
September 13, 2022 (the Issue Date) | |
Maturity: |
September 12, 2025 (the Maturity Date) | |
Coupon: |
A floating per annum rate equal to Compounded Daily SOFR (as defined below), plus 1.385%, payable quarterly in arrears | |
Compounded Daily SOFR: |
In respect of each Floating Rate Interest Period (as defined below), the rate of return on a daily compounded interest investment during the relevant SOFR Observation Period (as defined below) (with the daily SOFR reference rate as the reference rate for the calculation of interest) which will be determined by The Bank of New York Mellon as calculation agent as of the relevant Floating Rate Determination Date (as defined below) in accordance with the formula described under Description of the Notes Floating Rate Notes Compounded Daily SOFR in the Preliminary Prospectus Supplement (as defined below). |
1
Floating Rate Interest Payment Dates: March 12, June 12, September 12 and December 12 of each year, subject to adjustment as described below (each, a Floating Rate
Interest Payment Date), ending on the Maturity Date or, if redeemed early, the date of such redemption. If any Floating Rate Interest Payment Date (which does not include the Maturity Date or any redemption date) falls on a day that is not a Business Day (as
defined below), that Floating Rate Interest Payment Date will be adjusted in accordance with the Modified Following Business Day Convention. Modified Following Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day (and
interest will continue to accrue to, but excluding, such succeeding Business Day), unless that day falls in the next calendar month in which case that date will be the first preceding day that is a Business Day (and interest will accrue to, but
excluding, such preceding Business Day). If the Maturity Date or any redemption
date would fall on a day that is not a Business Day, then any interest, principal or additional amounts, if any, as the case may be, may be paid on the next succeeding Business Day with the same force and effect as if made on the Maturity Date or
such redemption date, provided that no interest shall accrue from and after the Maturity Date or such redemption date. First Interest Payment Date: Floating Rate Interest Period: Floating Rate Determination Date: SOFR Observation Period: (i) In respect of each Floating Rate Interest Period (except as provided in clause (ii) below), the period from, and including, the
date that is five U.S. Government Securities Business Days preceding the first date in such Floating Rate Interest Period to, but excluding, the date that is five U.S. Government Securities Business Days preceding the Floating Rate Interest Payment
Date for such Floating Rate Interest Period, and (ii) in respect of any Floating Rate Interest Period for which any interest is payable on the Maturity Date or the date of any redemption, the period from, and including, the date that is five
U.S. Government Securities Business Days preceding the first date in the Floating Rate Interest Period in which the Maturity Date falls or such redemption occurs to, but excluding, the date that is five U.S. Government Securities Business Days
before the Maturity Date or such redemption date. U.S. Government Securities
Business Day means any day except for a Saturday, a Sunday or a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of
trading in U.S. government securities. 2
Optional Redemption: Issue Price: Underwriting Discount: Net Proceeds before Expenses: Day Count: Business Days: Denominations: Listing: Governing Law: Billing & Delivering: Morgan Stanley & Co. LLC MUFG Securities Americas Inc. Barclays Capital Inc. Senior Co-Managers: BofA Securities, Inc. Citigroup Global Markets Inc. J.P. Morgan Securities LLC Co-Managers: Bank of China Limited BNP Paribas Crédit Agricole Corporate and Investment Bank HSBC Securities (USA) Inc. Industrial and Commercial Bank of China Limited, Singapore Branch Natixis Securities Americas LLC Nomura Securities International, Inc. Société Générale TD Securities USA LLC Wells Fargo Securities, LLC Security Codes: CUSIP: 606822CP7 ISIN: US606822CP74 Common Code: 252930957 3
Senior Callable
Fixed-to-Fixed Reset Rate Notes Due 2025 From (and including) the Issue Date to (but excluding) the Reset Date (as defined below), the Notes will bear interest at the fixed rate
of 5.063% per annum. From (and including) the Reset Date to (but
excluding) the Maturity Date (the reset fixed rate period), the Notes will bear interest at a fixed per annum rate equal to the applicable U.S. Treasury Rate (as defined below) as determined by the Calculation Agent on the Reset
Determination Date (as defined below), plus 1.55%. 4
The U.S. Treasury Rate shall be determined by The Bank of New York Mellon as calculation agent (the Calculation Agent). U.S. Treasury Rate means, with respect to the reset fixed rate period, the
rate per annum equal to: (1) the arithmetic average, as determined by the Calculation Agent, of the yields on actively traded U.S. Treasury securities adjusted to constant maturity for the maturity of one year (Yields) for the five
consecutive New York Business Days (as defined below) immediately prior to the Reset Determination Date based on information appearing in the statistical release designated H.15 (or any successor publication that reports Yields) most
recently published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date; provided that if the Yield is not available through such release (or any successor publication) for
any relevant New York Business Day, then the arithmetic average will be determined based on the Yields for the remaining New York Business Days during the five New York Business Day period described above (provided further that if the Yield is
available for only a single New York Business Day during such five New York Business Day period, then U.S. Treasury Rate will mean the single-day Yield for such day); or (2) if no information
is available to determine the U.S. Treasury Rate in accordance with the method set forth in (1) above by using the Yield for at least a single New York Business Day during the five New York Business Day period described above, then the
annualized yield to maturity of the Comparable Treasury Issue (as defined below) calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price (as defined below)
as of the Reset Determination Date. If the U.S. Treasury Rate cannot be determined,
for whatever reason, as described under (1) or (2) above, U.S. Treasury Rate means the rate per annum equal to the last reported Yield, as determined by the Calculation Agent, based on information appearing in the statistical
release designated H.15 (or any successor publication that reports Yields) last published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date. For purposes of determining the U.S. Treasury Rate, New York Business Day
means a day which is not a day on which banking institutions in New York are authorized by law or regulation to close, regardless of whether the over-the-counter market
for actively traded U.S. Treasury securities is open or closed. 5
6
Morgan Stanley & Co. LLC MUFG Securities Americas Inc. BofA Securities, Inc. Barclays Capital Inc. Citigroup Global Markets Inc. J.P. Morgan Securities LLC Bank of China Limited BNP Paribas Crédit Agricole Corporate and Investment Bank HSBC Securities (USA) Inc. Industrial and Commercial Bank of China Limited, Singapore Branch Natixis Securities Americas LLC Nomura Securities International, Inc. Société Générale TD Securities USA LLC Wells Fargo Securities, LLC CUSIP: 606822CQ5 ISIN: US606822CQ57 Common Code: 252931007 7
Senior Callable
Fixed-to-Fixed Reset Rate Notes Due 2028 From (and including) the Issue Date to (but excluding) the Reset Date (as defined below), the Notes will bear interest at the fixed rate
of 5.354% per annum. From (and including) the Reset Date to (but excluding) the
Maturity Date (the reset fixed rate period), the Notes will bear interest at a fixed per annum rate equal to the applicable U.S. Treasury Rate (as defined below) as determined by the Calculation Agent on the Reset Determination Date (as
defined below), plus 1.90%. 8
The U.S. Treasury Rate shall be determined by The Bank of New York Mellon as calculation agent (the Calculation Agent). U.S. Treasury Rate means, with respect to the reset fixed rate period, the
rate per annum equal to: (1) the arithmetic average, as determined by the Calculation Agent, of the yields on actively traded U.S. Treasury securities adjusted to constant maturity for the maturity of one year (Yields) for the five
consecutive New York Business Days (as defined below) immediately prior to the Reset Determination Date based on information appearing in the statistical release designated H.15 (or any successor publication that reports Yields) most
recently published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date; provided that if the Yield is not available through such release (or any successor publication) for
any relevant New York Business Day, then the arithmetic average will be determined based on the Yields for the remaining New York Business Days during the five New York Business Day period described above (provided further that if the Yield is
available for only a single New York Business Day during such five New York Business Day period, then U.S. Treasury Rate will mean the single-day Yield for such day); or (2) if no information
is available to determine the U.S. Treasury Rate in accordance with the method set forth in (1) above by using the Yield for at least a single New York Business Day during the five New York Business Day period described above, then the
annualized yield to maturity of the Comparable Treasury Issue (as defined below) calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price (as defined below)
as of the Reset Determination Date. If the U.S. Treasury Rate cannot be determined,
for whatever reason, as described under (1) or (2) above, U.S. Treasury Rate means the rate per annum equal to the last reported Yield, as determined by the Calculation Agent, based on information appearing in the statistical
release designated H.15 (or any successor publication that reports Yields) last published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date. For purposes of determining the U.S. Treasury Rate, New York Business Day
means a day which is not a day on which banking institutions in New York are authorized by law or regulation to close, regardless of whether the over-the-counter market
for actively traded U.S. Treasury securities is open or closed. 9
10
Morgan Stanley & Co. LLC MUFG Securities Americas Inc. Citigroup Global Markets Inc. Barclays Capital Inc. BofA Securities, Inc. J.P. Morgan Securities LLC Bank of China Limited BNP Paribas Crédit Agricole Corporate and Investment Bank HSBC Securities (USA) Inc. Industrial and Commercial Bank of China Limited, Singapore Branch Natixis Securities Americas LLC Nomura Securities International, Inc. Société Générale TD Securities USA LLC Wells Fargo Securities, LLC CUSIP: 606822CN2 ISIN: US606822CN27 Common Code: 252796029 11
Senior Callable
Fixed-to-Fixed Reset Rate Notes Due 2033 From (and including) the Issue Date to (but excluding) the Reset Date (as defined below), the Notes will bear interest at the fixed rate
of 5.472% per annum. From (and including) the Reset Date to (but excluding) the
Maturity Date (the reset fixed rate period), the Notes will bear interest at a fixed per annum rate equal to the applicable U.S. Treasury Rate (as defined below) as determined by the Calculation Agent on the Reset Determination Date (as
defined below), plus 2.125%. 12
The U.S. Treasury Rate shall be determined by The Bank of New York Mellon as calculation agent (the Calculation Agent). U.S. Treasury Rate means, with respect to the reset fixed rate period, the
rate per annum equal to: (1) the arithmetic average, as determined by the Calculation Agent, of the yields on actively traded U.S. Treasury securities adjusted to constant maturity for the maturity of one year (Yields) for the five
consecutive New York Business Days (as defined below) immediately prior to the Reset Determination Date based on information appearing in the statistical release designated H.15 (or any successor publication that reports Yields) most
recently published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date; provided that if the Yield is not available through such release (or any successor publication) for
any relevant New York Business Day, then the arithmetic average will be determined based on the Yields for the remaining New York Business Days during the five New York Business Day period described above (provided further that if the Yield is
available for only a single New York Business Day during such five New York Business Day period, then U.S. Treasury Rate will mean the single-day Yield for such day); or (2) if no information
is available to determine the U.S. Treasury Rate in accordance with the method set forth in (1) above by using the Yield for at least a single New York Business Day during the five New York Business Day period described above, then the
annualized yield to maturity of the Comparable Treasury Issue (as defined below) calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price (as defined below)
as of the Reset Determination Date. If the U.S. Treasury Rate cannot be determined,
for whatever reason, as described under (1) or (2) above, U.S. Treasury Rate means the rate per annum equal to the last reported Yield, as determined by the Calculation Agent, based on information appearing in the statistical
release designated H.15 (or any successor publication that reports Yields) last published by the Board of Governors of the U.S. Federal Reserve System as of 5:00 p.m. (New York City time) on the Reset Determination Date. For purposes of determining the U.S. Treasury Rate, New York Business Day
means a day which is not a day on which banking institutions in New York are authorized by law or regulation to close, regardless of whether the over-the-counter market
for actively traded U.S. Treasury securities is open or closed. 13
14
Morgan Stanley & Co. LLC MUFG Securities Americas Inc. J.P. Morgan Securities LLC Barclays Capital Inc. BofA Securities, Inc. Citigroup Global Markets Inc. Bank of China Limited BNP Paribas Crédit Agricole Corporate and Investment Bank HSBC Securities (USA) Inc. Industrial and Commercial Bank of China Limited, Singapore Branch Natixis Securities Americas LLC Nomura Securities International, Inc. Société Générale TD Securities USA LLC Wells Fargo Securities, LLC CUSIP: 606822CR3 ISIN: US606822CR31 Common Code: 252931031 15
This communication is intended for the sole use of the person to whom it is provided by us. This
communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction or to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. The Issuer has filed a registration statement (including a prospectus dated August 7, 2020 (the Base Prospectus)) and a preliminary
prospectus supplement dated September 6, 2022 (the Preliminary Prospectus Supplement, and together with the Base Prospectus, the Preliminary Prospectus) with the U.S. Securities and Exchange Commission (SEC) for
this offering. Before you invest, you should read the Preliminary Prospectus for this offering, and other documents the Issuer has filed with the SEC and which are incorporated by reference therein for more complete information about the Issuer and
this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the transaction will arrange to send you the Preliminary Prospectus if you
request it by calling Morgan Stanley & Co. LLC toll-free at 1-866-718-1649 or MUFG Securities Americas Inc. toll-free at
1-877-649-6848. Singapore
Securities and Futures Act Product Classification Solely for the purposes of its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and Futures Act of Singapore, as modified or amended from time to time (the
SFA), the issuer has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the securities are prescribed capital markets products (as defined in the Securities and Futures
(Capital Markets Products) Regulations 2018). *Note: An issuer rating or a security rating is not a recommendation to buy, sell or hold securities
and may be subject to revision, suspension or withdrawal at any time. 16
December 12, 2022 (short first coupon)
Each period beginning from (and including) the Issue Date to (but excluding) the first Floating Rate Interest Payment Date, from (and including) any Floating Rate Interest Payment Date to (but excluding) the next Floating Rate
Interest Payment Date, and from (and including) any Floating Rate Interest Payment Date immediately preceding the Maturity Date or any redemption date to (but excluding) the Maturity Date or such redemption date.
The date that is five U.S. Government Securities Business Days (as defined below) before each Floating Rate Interest Payment Date (or (i) in the final Floating Rate Interest Period, before the Floating Rate Notes Maturity
Date, or (ii) in the case of any redemption of the floating rate notes, before the redemption date)
The Company may at its option and in its sole discretion redeem the Notes in whole, but not in part, on the date that is one year prior to the Maturity Date, subject to the prior confirmation of the Financial Services Agency of
Japan (if such confirmation is required under Japanese banking laws and regulations then in effect), at a redemption price equal to 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the
redemption date.
100% of principal amount plus accrued interest, if any, from September 13, 2022
0.20%
U.S.$399,200,000
ACT/360
New York and Tokyo
U.S.$200,000 x U.S.$1,000
Luxembourg Stock Exchanges Euro MTF Market
New York law
MUFG Securities Americas Inc.
Joint Lead Managers and Joint Bookrunners:
Issuer:
Mitsubishi UFJ Financial Group, Inc. (the Company)
Size:
U.S.$2,000,000,000
Issuer Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Expected Security Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Security Type:
Senior Notes
Currency:
U.S.$
Trade Date:
September 6, 2022
Settlement Date:
September 13, 2022 (the Issue Date)
Maturity:
September 12, 2025 (the Maturity Date)
Coupon:
Reset Date:
September 12, 2024
Reset Determination Date:
The second Business Day (as defined below) immediately preceding the Reset Date
Interest Payment Dates:
Semi-annually in arrears on March 12 and September 12 of each year
First Interest Payment Date:
March 12, 2023 (short first coupon)
Determination of the U.S. Treasury Rate:
Comparable Treasury Issue means, with respect to the reset fixed rate period, the U.S. Treasury security selected by the Company (and notified to the Calculation Agent) with a maturity date on or about (but not more
than 30 calendar days before or after) the maturity date for the Notes and that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S.
dollars and having a maturity of one year; provided, however, that the selection of the Comparable Treasury Issue shall be at the sole discretion and judgement of the Company, and that such determination shall be final and conclusive for all
purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Comparable Treasury Price means, with respect to the Reset Determination Date, (i) the arithmetic average, as determined by the Calculation Agent, of the Reference Treasury Dealer Quotations (as defined below)
for the Comparable Treasury Issue as of the Reset Determination Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (ii) if fewer than five such Reference Treasury Dealer Quotations are received, the
arithmetic average, as determined by the Calculation Agent, of all such quotations, or (iii) if fewer than two such Reference Treasury Dealer Quotations are received, then the Reference Treasury Dealer Quotation as quoted by a Reference
Treasury Dealer (as defined below).
Reference Treasury Dealer means each of up to five banks selected by the Company (and notified to the Calculation Agent), or the affiliates of such banks, which are (i) primary U.S. Treasury securities dealers,
and their respective successors, or (ii) market makers in pricing corporate bond issues denominated in U.S. dollars; provided, however, that the selection of the Reference Treasury Dealers shall be at the sole discretion and judgement of the
Company, and that such determination shall be final and conclusive for all purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Reference Treasury Dealer Quotation means, with respect to each Reference Treasury Dealer, the arithmetic average, as determined by the Calculation Agent, of the bid and asked prices quoted to the Company (and
notified to the Calculation Agent) by such Reference Treasury Dealer for the Comparable Treasury Issue, expressed in each case as a percentage of its principal amount, approximately at 11:00 a.m. (New York City time), on the Reset Determination
Date.
Optional Redemption:
The Company may at its option and in its sole discretion redeem the Notes in whole, but not in part, on the date that is one year prior to the Maturity Date, subject to the prior confirmation of the Financial Services Agency of
Japan (if such confirmation is required under Japanese banking laws and regulations then in effect), at a redemption price equal to 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the
redemption date.
Pricing Benchmark:
3.25% due 8/2024
Benchmark Spot (Price/Yield):
99-16 / 3.513%
Spread to Benchmark:
155 basis points
Issue Price:
100% of principal amount plus accrued interest, if any, from September 13, 2022
Reoffer Yield:
5.063%
Underwriting Discount:
0.20%
Net Proceeds before Expenses:
U.S.$1,996,000,000
Day Count:
30/360
Business Days:
New York and Tokyo
Business Day Convention:
Following Business Day Convention
Denominations:
U.S.$200,000 x U.S.$1,000
Listing:
Luxembourg Stock Exchanges Euro MTF Market
Governing Law:
New York law
Billing & Delivering:
MUFG Securities Americas Inc.
Joint Lead Managers and Joint Bookrunners:
Senior Co-Managers:
Co-Managers:
Security Codes:
Issuer:
Mitsubishi UFJ Financial Group, Inc. (the Company)
Size:
U.S.$1,250,000,000
Issuer Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Expected Security Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Security Type:
Senior Notes
Currency:
U.S.$
Trade Date:
September 6, 2022
Settlement Date:
September 13, 2022 (the Issue Date)
Maturity:
September 13, 2028 (the Maturity Date)
Coupon:
Reset Date:
September 13, 2027
Reset Determination Date:
The second Business Day (as defined below) immediately preceding the Reset Date
Interest Payment Dates:
Semi-annually in arrears on March 13 and September 13 of each year
First Interest Payment Date:
March 13, 2023
Determination of the U.S. Treasury Rate:
Comparable Treasury Issue means, with respect to the reset fixed rate period, the U.S. Treasury security selected by the Company (and notified to the Calculation Agent) with a maturity date on or about (but not more
than 30 calendar days before or after) the maturity date for the Notes and that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S.
dollars and having a maturity of one year; provided, however, that the selection of the Comparable Treasury Issue shall be at the sole discretion and judgement of the Company, and that such determination shall be final and conclusive for all
purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Comparable Treasury Price means, with respect to the Reset Determination Date, (i) the arithmetic average, as determined by the Calculation Agent, of the Reference Treasury Dealer Quotations (as defined below)
for the Comparable Treasury Issue as of the Reset Determination Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (ii) if fewer than five such Reference Treasury Dealer Quotations are received, the
arithmetic average, as determined by the Calculation Agent, of all such quotations, or (iii) if fewer than two such Reference Treasury Dealer Quotations are received, then the Reference Treasury Dealer Quotation as quoted by a Reference
Treasury Dealer (as defined below).
Reference Treasury Dealer means each of up to five banks selected by the Company (and notified to the Calculation Agent), or the affiliates of such banks, which are (i) primary U.S. Treasury securities dealers,
and their respective successors, or (ii) market makers in pricing corporate bond issues denominated in U.S. dollars; provided, however, that the selection of the Reference Treasury Dealers shall be at the sole discretion and judgement of the
Company, and that such determination shall be final and conclusive for all purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Reference Treasury Dealer Quotation means, with respect to each Reference Treasury Dealer, the arithmetic average, as determined by the Calculation Agent, of the bid and asked prices quoted to the Company (and
notified to the Calculation Agent) by such Reference Treasury Dealer for the Comparable Treasury Issue, expressed in each case as a percentage of its principal amount, approximately at 11:00 a.m. (New York City time), on the Reset Determination
Date.
Optional Redemption:
The Company may at its option and in its sole discretion redeem the Notes in whole, but not in part, on the date that is one year prior to the Maturity Date, subject to the prior confirmation of the Financial Services Agency of
Japan (if such confirmation is required under Japanese banking laws and regulations then in effect), at a redemption price equal to 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the
redemption date.
Pricing Benchmark:
3.125% due 8/2027
Benchmark Spot (Price/Yield):
98-161⁄4 / 3.454%
Spread to Benchmark:
190 basis points
Issue Price:
100% of principal amount plus accrued interest, if any, from September 13, 2022
Reoffer Yield:
5.354%
Underwriting Discount:
0.35%
Net Proceeds before Expenses:
U.S.$1,245,625,000
Day Count:
30/360
Business Days:
New York and Tokyo
Business Day Convention:
Following Business Day Convention
Denominations:
U.S.$200,000 x U.S.$1,000
Listing:
Luxembourg Stock Exchanges Euro MTF Market
Governing Law:
New York law
Billing & Delivering:
Morgan Stanley & Co. LLC
Joint Lead Managers and Joint Bookrunners:
Senior Co-Managers:
Co-Managers:
Security Codes:
Issuer:
Mitsubishi UFJ Financial Group, Inc. (the Company)
Size:
U.S.$750,000,000
Issuer Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Expected Security Ratings (Moodys / S&P / Fitch)*:
A1 / A- / A-
Security Type:
Senior Notes
Currency:
U.S.$
Trade Date:
September 6, 2022
Settlement Date:
September 13, 2022 (the Issue Date)
Maturity:
September 13, 2033 (the Maturity Date)
Coupon:
Reset Date:
September 13, 2032
Reset Determination Date:
The second Business Day (as defined below) immediately preceding the Reset Date
Interest Payment Dates:
Semi-annually in arrears on March 13 and September 13 of each year
First Interest Payment Date:
March 13, 2023
Determination of the U.S. Treasury Rate:
Comparable Treasury Issue means, with respect to the reset fixed rate period, the U.S. Treasury security selected by the Company (and notified to the Calculation Agent) with a maturity date on or about (but not more
than 30 calendar days before or after) the maturity date for the Notes and that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S.
dollars and having a maturity of one year; provided, however, that the selection of the Comparable Treasury Issue shall be at the sole discretion and judgement of the Company, and that such determination shall be final and conclusive for all
purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Comparable Treasury Price means, with respect to the Reset Determination Date, (i) the arithmetic average, as determined by the Calculation Agent, of the Reference Treasury Dealer Quotations (as defined below)
for the Comparable Treasury Issue as of the Reset Determination Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (ii) if fewer than five such Reference Treasury Dealer Quotations are received, the
arithmetic average, as determined by the Calculation Agent, of all such quotations, or (iii) if fewer than two such Reference Treasury Dealer Quotations are received, then the Reference Treasury Dealer Quotation as quoted by a Reference
Treasury Dealer (as defined below).
Reference Treasury Dealer means each of up to five banks selected by the Company (and notified to the Calculation Agent), or the affiliates of such banks, which are (i) primary U.S. Treasury securities dealers,
and their respective successors, or (ii) market makers in pricing corporate bond issues denominated in U.S. dollars; provided, however, that the selection of the Reference Treasury Dealers shall be at the sole discretion and judgement of the
Company, and that such determination shall be final and conclusive for all purposes and binding on the Calculation Agent, the trustee, the paying agent and the holders of the Notes.
Reference Treasury Dealer Quotation means, with respect to each Reference Treasury Dealer, the arithmetic average, as determined by the Calculation Agent, of the bid and asked prices quoted to the Company (and
notified to the Calculation Agent) by such Reference Treasury Dealer for the Comparable Treasury Issue, expressed in each case as a percentage of its principal amount, approximately at 11:00 a.m. (New York City time), on the Reset Determination
Date.
Optional Redemption:
The Company may at its option and in its sole discretion redeem the Notes in whole, but not in part, on the date that is one year prior to the Maturity Date, subject to the prior confirmation of the Financial Services Agency of
Japan (if such confirmation is required under Japanese banking laws and regulations then in effect), at a redemption price equal to 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the
redemption date.
Pricing Benchmark:
2.75% due 8/2032
Benchmark Spot (Price/Yield):
94-31+ / 3.347%
Spread to Benchmark:
212.5 basis points
Issue Price:
100% of principal amount plus accrued interest, if any, from September 13, 2022
Reoffer Yield:
5.472%
Underwriting Discount:
0.45%
Net Proceeds before Expenses:
U.S.$746,625,000
Day Count:
30/360
Business Days:
New York and Tokyo
Business Day Convention:
Following Business Day Convention
Denominations:
U.S.$200,000 x U.S.$1,000
Listing:
Luxembourg Stock Exchanges Euro MTF Market
Governing Law:
New York law
Billing & Delivering:
MUFG Securities Americas Inc.
Joint Lead Managers and Joint Bookrunners:
Senior Co-Managers:
Co-Managers:
Security Codes:
1 Year Mitsubishi UFJ Financial (PK) Chart |
1 Month Mitsubishi UFJ Financial (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions