Skip to content
Subscriber Only

Japan’s Biggest Bank Pushes Deeper Into Europe’s CLO Market

  • MUFG will arrange first Europe CLO as supply tops $22 billion
  • Mizuho among other lenders eyeing opportunities in region
A pedestrian walks past a branch of MUFG Bank, a unit of Mitsubishi UFJ Financial Group, in Tokyo, Japan.

A pedestrian walks past a branch of MUFG Bank, a unit of Mitsubishi UFJ Financial Group, in Tokyo, Japan.

Photographer: Akio Kon/Bloomberg
Updated on

Japan’s largest bank will this month expand its presence in Europe’s CLO market by becoming an arranger for the first time.

Mitsubishi UFJ Financial Group Inc. is arranging its debut European CLO having already been an active buyer of CLO paper in the region. The move forms part of MUFG’s strategy to expand its securitized products business globally, a spokeswoman for the bank said.