MUFG announces five-year Australian dollar TLAC-eligible benchmark green bond

On 23 September, Mitsubishi UFJ Financial Group (MUFG) (A-/A1/A) revealed plans for a new five-year, Australian dollar denominated, total loss-absorbing capacity (TLAC)-eligible, benchmark green-bond transaction, to come in either or both fixed- and floating-rate format. ANZ, Morgan Stanley, MUFG Securities, National Australia Bank and Westpac Institutional Bank are joint lead managers for the transaction which is expected to launch in the near future.