Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, in an offering by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) of $2 billion aggregate principal amount of its Senior Notes in three tranches due 2018 (floating rate), 2018 and 2020 (fixed rate). The offering was conducted pursuant to Rule 144A and Regulation S. The bonds are listed on the Singapore Stock Exchange.
BTMU, the major operating subsidiary of Mitsubishi UFJ Financial Group, Inc., is one of the world’s largest commercial banks, with ¥219.3 trillion in consolidated total assets as of March 31, 2015.
The Simpson Thacher team that worked on the transaction included Alan Cannon, Jonathan Stradling and Hiro Senda (Capital Markets); Jodi Schneider (Tax); Mark Chorazak (Bank Regulatory); and Jennie Getsin (Blue Sky).