S&P rates Bank of Tokyo-Mitsubishi bonds A+

Standard & Poor's said it assigned A+ long-term debt ratings to the 145th to 147th series of domestic unsecured straight bonds issued by Bank of Tokyo-Mitsubishi UFJ Ltd.

The ratings reflect the bank's sound financial profile on a consolidated basis, in addition to the consolidated financial profile and market position of its parent, Mitsubishi UFJ Financial Group Inc., Japan's largest banking group, S&P said.

The ratings also reflect the bank's close business links with affiliated group companies and the bank's control of the group's organizational structure and capital allocation, the agency said.

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