By Aleesia Forni
Virginia Beach, Oct. 13 – Mitsubishi UFJ Trust and Banking Corp. sold $1.25 billion 2.65% five-year senior notes (A1/A+) on Tuesday at Treasuries plus 132 basis points, an informed source said.
The issue sold at 99.921 to yield 2.667%.
Pricing came at the tight end of guidance set in the Treasuries plus 135 bps area. Initially, talk was set in the Treasuries plus 145 bps to 150 bps range.
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and MUFG are the bookrunners for the Rule 144A and Regulation S deal.
The bank is based in Tokyo.
| Issuer: | Mitsubishi UFJ Trust and Banking Corp.
|
| Amount: | $1.25 billion
|
| Description: | Senior notes
|
| Maturity: | Oct. 19, 2020
|
| Bookrunners: | Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG
|
| Coupon: | 2.65%
|
| Price: | 99.921
|
| Yield: | 2.667%
|
| Spread: | Treasuries plus 132 bps
|
| Trade date: | Oct. 13
|
| Ratings: | Moody’s: A1
|
| Standard & Poor’s: A+
|
| Distribution: | Rule 144A, Regulation S
|
| Price guidance: | Treasuries plus 135 bps area, tightened from Treasuries plus 145 bps to 150 bps
|
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