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

Queensland Law Society launches new community legal resource

Personal Injury Commission orders insurer to reinstate claimant's weekly benefits

Criminal Property Confiscation Grants funds support program for vulnerable youth

Solicitors Regulation Authority warns potential fee increase amid new risks in the UK’s legal sector

US law firm Burns & Levinson closure prompts lawyer exodus to regional firms

Virginia lawyer temporarily suspended after guilty plea in marijuana distribution conspiracy

Most Read Articles

Fastest-growing law firms in Australia for 2024 unveiled

K&L Gates guides Elka Capital through residential land lease joint venture

Maddocks expands planning and environment team with new partner

Taiwanese banks, advised by Pinsent Masons, fund NSW construction project