Mitsubishi UFJ Financial Group (MUFG) launched an offering of five series of U.S. dollar senior unsecured notes. The total value of the issuance is $3.5 billion.
The offering includes fixed-to-fixed reset rate notes maturing between 2030 and 2047. It also features floating-rate notes due in 2032.
Fitch Ratings assigned an A- rating to the new senior notes. These notes are expected to qualify as Total Loss-Absorbing Capacity (TLAC) debt.
The rating aligns with MUFG’s current Viability Rating and Government Support Rating. Both of these ratings currently stand at a-.