MUFG appointed Masatoshi (Masa) Komoriya executive chairman of the board of directors for MUFG Americas Holdings and its U.S. banking subsidiary, MUFG Union Bank, effective June 30, 2022.
Yezdan Badrakhan will join Mitsubishi UFJ Financial Group (MUFG) as managing director and head of U.S. esoteric asset-backed securities. Badrakhan previously launched Morgan Stanley’s structured products capital markets transportation business.
Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee.
Mars Growth provided a $4.5 million credit facility to Kontist, a financial technology company providing banking and bookkeeping services to the self-employed and freelancers in Germany. Mars Growth utilized a machine learning platform to perform due diligence and provide a term sheet in 24 hours.
Mars Growth Capital, a joint venture between Liquidity Capital and MUFG, closed a $5.5 million financing agreement with Fusion Sport, an Australian-based sports performance technology company, to drive the company’s international expansion.
Brian Gunn will join MUFG as chief risk officer for MUFG Americas Holdings Corporation and its primary banking subsidiary, MUFG Union Bank, effective Sept. 13. Gunn will succeed Donna Dellosso, who announced her decision to retire in May of this year.
Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender.
Castleton Commodities International closed on a $1.7 billion borrowing base facility. BNP Paribas, MUFG, Société Générale, Citibank, Coöperatieve Rabobank, Credit Agricole Corporate and Investment Bank and Natixis served as joint lead arrangers and joint bookrunners for the facility.
MUFG Union Bank, BMO Harris Bank, Wells Fargo, BOK Financial, First Horizon Bank, Arvest Bank and Commerce Bank increased America’s Car-Mart’s existing line of credit to from $241 million to $326 million. MUFG joined the group as a new lender.
According to the capital markets group at MUFG, 2021 is projected to be a strong year for leveraged finance led by merger and acquisition and refinancing activity.