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Mitsubishi UFJ Financial Group to Fully Redeem $1.25 Billion Fixed-to-Fixed Reset Rate Notes

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Mitsubishi UFJ Financial Group (TYO:8306) said that it will redeem in full its $1.25 billion, 1.640% senior callable fixed-to-fixed reset rate notes due October 13, 2027, on Oct. 13, 2026, according to a Friday release.

The notes issued on Oct. 13, 2021, will be redeemed at $1,000 per $1,000 principal amount plus accrued and unpaid interest from the last interest payment date through, but not including, the redemption date.

Also, no interest will accrue on or after the redemption date.

What else is happening in Treasury?

Treasury

UBS Group Prices Offers to Redeem Outstanding Credit Suisse-issued Senior Notes

UBS Group (UBSG.SW) on Thursday priced concurrent and separate offers to redeem nine series of Credit Suisse Group-issued outstanding senior notes.The offers cover 750 million pounds sterling of 7.375% notes due Sept. 7, 2033; $697.1 million of 6.442% notes due Aug. 11, 2028; and $2.25 billion of 4.282% notes due Jan. 9, 2028. The offers also include up to $4 billion of six other series of outstanding notes maturing in 2029, 2031 and 2033.The Swiss banking group will close the offer on Thursday afternoon, with settlement expected by Sept. 14.

$UBSG.SW
Treasury

Paradigm Biopharmaceuticals Draws Down Final $2 Million of Tranche 4 From Convertible Note Facility; Shares Down 13%

Paradigm Biopharmaceuticals (ASX:PAR) drew down the remaining balance of tranche 4, valued at $2 million, under its $27 million convertible note facility with Obsidian Global Partners, according to a Friday Australian bourse filing.Following the drawdown, about $5 million remains available under the facility, providing continued financial flexibility to support phase 3 execution and broader commercial readiness activities, the filing added.The company's shares plunged 13% in recent Friday trade.

ASX:PAR
Treasury

Bank of Chongqing Issues 5 Billion Yuan Green Bonds

Bank of Chongqing (HKG:1963, SHA:601963) issued 5 billion yuan of three-year fixed-rate green bonds, according to a Friday filing with the Shanghai bourse.The bonds have a coupon rate of 1.59%. Proceeds will go to green projects, the filing said.

HKG:1963SHA:601963