Ashurst acts on issuances for Japan’s largest bank

The two issuances are worth a combined A$800m

Ashurst acts on issuances for Japan’s largest bank
Ashurst has advised the Sydney branch of Japan’s largest bank, The Bank of Tokyo-Mitsubishi UFJ, on two major issuances amounting to A$800m.

The branch issued A$650m worth of floating rate transferable certificate of deposit and A$150m worth of fixed rate transferable certificates of deposit, with a 3.25% yield. Both issuances are due 9 March 2021.

The Ashurst team was led by securities and derivatives partner Jamie Ng, and included senior foreign associate Caroline Smart and graduate Victoria Yeh.

MUFG Securities EMEA, Morgan Stanley Australia Securities, Australia and New Zealand Banking Group, National Australia Bank and Westpac were joint lead managers. The Royal Bank of Canada was co-manager..


Jamie Ng


Related stories:
Australia’s solar coming of age: Firms make hay while sun shines
Ashurst nabs NRF partner

Recent articles & video

Nick Brown: 'Legal advice is just one of several inputs to high-quality decision making'

HFW poaches group from JWS

Echo Law kicks off class action against Harvey Norman, Domayne and Joyce Mayne

Clayton Utz counsels Ardea on shareholders' agreement with Japanese consortium

Locke Lord, Troutman Pepper to merge with over 1,600 lawyers in US, Europe

Legal fee request of up to US$34.1 million denied in JetBlue-Spirit merger suit

Most Read Articles

Hogan Lovells to shut down Sydney office

81% of Australian law firms are getting phished: survey

MinterEllison lures KPMG Law national real estate head

Blockchain investor and lawyer files US$100-million malpractice suit against Covington & Burling