Mitsubishi UFJ Raises $2.25 Billion in Four-Part Dollar Offering

Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, raised $2.25 billion of bonds in a four- part dollar-denominated offering through lending unit Bank of Tokyo-Mitsubishi UFJ Ltd.

The bank issued three-year notes with $500 million each of floating-rate debt, yielding 45 basis points more than the three-month London interbank offered rate, and 1 percent, fixed- rate securities that yield 60 basis points more than similar- maturity Treasuries, according to data compiled by Bloomberg.

Its $750 million of 1.65 percent, five-year bonds pay a relative yield of 80 basis points and $500 million of 3.2 percent, 10-year notes have a 120 basis-point spread.

The bonds are rated Aa3 by Moody’s Investors Service and A+ by Standard & Poor’s, Bloomberg data show.

To contact the reporter on this story: Sarika Gangar in New York at sgangar@bloomberg.net

To contact the editor responsible for this story Alan Goldstein at agoldstein5@bloomberg.net