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

Standard & Poor's said it assigned its A+ long-term debt ratings to the 150th to 152nd series of domestic unsecured straight bonds issued by Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU; A+/stable/A-1).

S&P said the ratings on BTMU reflect its 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. (A/stable/--).

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

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