MUFG Groundbreaking Move into International Capital Markets | Uncovered

MUFG (Mitsubishi UFJ Financial Group Inc.) is set to make history as the first Japanese bank to sell dollar-denominated Additional Tier 1 (AT1) bonds.

The move also serves to mitigate foreign-currency risk in their capital ratios, as about one-third of MUFG’s assets are denominated in foreign currency.

To facilitate the offering, MUFG has mandated banks to arrange a series of investor meetings and calls in Asia, Europe, and the U.S. starting on October 16.