Fitch rates MUFG notes A-

Fitch Ratings said it assigned A- ratings to Mitsubishi UFJ Financial Group, Inc.'s $400 million of three-year variable-rate notes, $2 billion of variable-rate three-year notes, $1.25 billion of variable-rate six-year notes and $750 million of 5.472% senior unsecured notes of 11-year notes

“The rating on the notes is aligned with MUFG's long-term issuer default rating (IDR), despite the notes' structural subordination features. Fitch aligns MUFG's holding-company senior debt ratings and IDRs with the IDRs of its operating companies,” the agency said in a press release.

The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.