In a report based on an interview with Mitsubishi UFJ Financial Group’s deputy head of Investment Banking in the Americas, Bloomberg noted that the company is expanding its U.S banking unit to include asset-based finance and equipment finance.
Royal Philips signed an agreement with a consortium of 16 banks for a new €1 billion ($1.09 billion) revolving credit facility with an interest rate that will be dependent on the company’s year-on-year sustainability performance improvement.
Talen Energy Supply priced a new $500 million term loan facility and repriced a $600 million facility. Morgan Stanley, Goldman Sachs, Deutsche Bank, MUFG, Credit Suisse and RBC Capital markets were lead arrangers.
Talen Energy Supply intends to syndicate a new $400 million secured term loan B facility and to reprice its existing $600 million term loan B facility. Morgan Stanley, Goldman Sachs, Deutsche Bank Securities, MUFG, Credit Suisse, RBC Capital Markets are lead arrangers.
Mitsubishi UFJ Financial Group hired HSBC and Bank of America veteran Edward Gately as a managing director to lead its Asset-Based Finance business in the Americas.
Calpine closed its acquisition of Noble Americas Energy Solutions, the nation’s largest independent supplier of power to commercial and industrial retail customers in a deal valued at $800 million.
Consolidated Communications Holdings secured a new incremental term loan facility for its pending acquisition of FairPoint Communications, an all-stock merger valued at approximately $1.5 billion.
Mitsubishi UFJ Financial Group appointed Johannes H. “Johs” Worsoe as CFO of MUFG Americas Holdings and its banking subsidiary MUFG Union Bank.
Citizens Financial Group named John F. Woods executive vice president and chief financial officer. He joins from MUFG Union Bank, where he served as CFO of the Americas.
j2 Global and its subsidiary Ziff Davis completed the acquisition of Everyday Health. MUFG served as administrative agent for a $225 million credit facility to support the transaction.