NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Pursuant to the
separate notices of redemption dated October
15, 2021 (the "Notices") relating to all of the outstanding
principal amount of its 3.50% Senior Notes due 2022 (the "2022
Notes") and all of the outstanding principal amount of its 3.00%
Senior Notes due 2025 (the "2025 Notes" and, together with the 2022
Notes, the "Notes"), MUFG Americas Holdings Corporation today
announced the calculation of the redemption prices for the Notes.
The aggregate principal amount of the 2022 Notes outstanding is
$400,000,000 and the aggregate
principal amount of the 2025 Notes outstanding is also $400,000,000.
The redemption amount for the 2022 Notes will be $1,018.34 per $1,000.00 principal amount of 2022 Notes,
consisting of the make-whole premium of $18.34 per $1,000.00 (based on a Treasury Rate of 0.078902%,
as calculated on the date hereof), plus $5,755,555.56 in accrued and unpaid interest to
but excluding the redemption date for the 2022 Notes, all as
calculated in accordance with the terms of the indenture governing
the 2022 Notes.
The redemption amount for the 2025 Notes will be $1,059.56 per $1,000.00 principal amount of 2025 Notes,
consisting of the make-whole premium of $59.56 per $1000.00
(based on a Treasury Rate of 0.919008%, as calculated on the date
hereof), plus $3,200,000.00 in
accrued and unpaid interest to but excluding the redemption date
for the 2025 Notes, all as calculated in accordance with the terms
of the indenture governing the 2025 Notes.
The redemption date for the Notes is November 16, 2021, as set forth in the Notices.
This press release is not an offer to sell or a solicitation of an
offer to buy any securities.
About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations
including MUFG Americas Holdings Corporation
The U.S. operations of Mitsubishi UFJ Financial Group, Inc.
(MUFG), one of the world's leading financial groups, has total
assets of $325 billion at
June 30, 2021. As part of that total,
MUFG Americas Holdings Corporation (MUAH), a financial holding
company, bank holding company, and intermediate holding company,
has total assets of $165.3 billion at
June 30, 2021. MUAH's main
subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas
Inc. MUFG Union Bank, N.A. provides a wide range of financial
services to consumers, small businesses, middle-market companies,
and major corporations. As of June 30,
2021, MUFG Union Bank, N.A. operated 305 branches,
consisting primarily of retail banking branches in the West Coast
states, along with commercial branches in Texas, Illinois, New
York, and Georgia. MUFG
Securities Americas Inc. is a registered securities broker-dealer
which engages in capital markets origination transactions, domestic
and foreign debt and equities securities transactions, private
placements, collateralized financings, and securities borrowing and
lending transactions. MUAH is owned by MUFG Bank, Ltd. and
Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly
owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has
offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico,
and Canada.
Visit www.unionbank.com or www.mufgamericas.com for
more information.
Press contact:
Daniel Weidman
1 (877) 823-2972
Daniel.Weidman@unionbank.com
Investor contact:
Stanley Cecala
1 (212) 782-5629
Stanley.Cecala@unionbank.com
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SOURCE MUFG Americas Holdings Corporation