MUFG Union Bank will acquire supply chain finance platform Trade Payable Services from GE Capital. The deal marks the third major divestment by GE Capital over the last six months.
Mathis Joins MUFG Americas as CFO of Wholesale Banking
November 27, 2018
Carol Mathis joined MUFG Americas as managing director and CFO of Wholesale Banking. Mathis will be based in New York and report to Chief Financial Officer for the Americas Johannes Worsoe.
Garvey Joins MUFG Securities Americas Board as Director
November 19, 2018
Eileen Garvey joined MUFG as an independent non-executive director on the MUFG Securities Americas board. Garvey is the firm’s third independent non-executive director and the second woman to join its board.
BBVA, MUFG, BNP Complete First Successful Syndicated Loan on Blockchain
November 13, 2018
The Financial Times reports that BBVA and two partners completed the first successful syndicated loan using blockchain technology.
MUFG Union Bank Names Higgins CIOO
November 1, 2018
Christopher P. Higgins joined MUFG as chief information and operations officer for MUFG Americas Holdings and its U.S. banking subsidiary, MUFG Union Bank.
BofA Agents $1.3B Facility for Covanta
August 22, 2018
Covanta Holdings closed two new $1.3 billion credit facilities: a $900 million revolving credit facility and a $400 million term loan. The refinancing is an increase of $100 million over its previous facilities.
MUFG Hires Brandley as Head of Asset Manager Coverage Group
July 12, 2018
Mitsubishi UFJ Financial Group hired Stephanie Brandley as a managing director and head of the Alternative Asset Manager Coverage group in its Wholesale and Investment Bank.
Rabobank, Santander, Others Support Sainsbury Acquisition of Asda
July 5, 2018
Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).
Citibank, BNP Paribas Agent $3.5B CCI Facilities
July 3, 2018
Castleton Commodities International closed two credit facilities totaling $3.525 billion, including a committed borrowing base facility and a committed revolver. BNP Paribas and Citibank acted as administrative agents on the facilities.
JPMorgan Agents $2.5B Revolver for AVANGRID
July 2, 2018
AVANGRID, a sustainable energy company, closed a $2.5 billion sustainability-linked credit facility with JPMorgan as administrative agent and BBVA as sustainability agent.
