By Andrea Heisinger
New York, Sept. 10 - Bank of Tokyo-Mitsubishi UFJ Ltd. sold $2 billion of notes (Aa2/A+) in two tranches, a market source said.
A $750 million tranche of 1.6% three-year notes priced at 99.994 to yield 1.602% with a spread of Treasuries plus 82 basis points.
A $1.25 billion tranche of 2.45% five-year notes priced at 99.818 to yield 2.489% with a spread of 103 bps over Treasuries.
Both tranches are non-callable.
Bookrunners were Morgan Stanley & Co., Mitsubishi UFJ Securities and J.P. Morgan Securities.
The financial services company is based in Tokyo.
| Issuer: | Bank of Tokyo-Mitsubishi UFJ Ltd.
|
| Issue: | Notes
|
| Amount: | $2 billion
|
| Bookrunners: | Morgan Stanley & Co., Mitsubishi UFJ Securities, J.P. Morgan Securities
|
| Trade date: | Sept. 8
|
| Settlement date: | Sept. 15
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: A+
|
|
|
| Three-year notes
|
| Amount: | $750 million
|
| Maturity: | Sept. 11, 2013
|
| Coupon: | 1.6%
|
| Price: | 99.994
|
| Yield: | 1.602%
|
| Spread: | Treasuries plus 82 bps
|
| Call: | Non-callable
|
|
|
| Five-year notes
|
| Amount: | $1.25 billion
|
| Maturity: | Sept. 11, 2015
|
| Coupon: | 2.45%
|
| Price: | 99.818
|
| Yield: | 2.489%
|
| Spread: | Treasuries plus 103 bps
|
| Call: | Non-callable
|
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