MUFG Bank

Stonepeak to Acquire Interest in KAPS

Retrieved on: 
Monday, December 12, 2022
Energy, Asset Management, Professional Services, Oil, Gas, LLP, Stikeman Elliott, Sidley Austin, Partner, Keyera, Montney, British Columbia, Deep Decarbonization Pathways Project, Transport, Partnership, MUFG Bank, ESG, Natural gas, Coal, Investment, Senior, Atlas, TSX, Oil, Renewable energy, Fort Saskatchewan, KAPS, LNG, Western Canada

Stonepeak Partners LP (together with its affiliates, Stonepeak), a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has entered into an agreement to acquire a 50 percent interest in KAPS, a Canadian natural gas liquids (NGL) pipeline system connecting Northwest Alberta to energy hubs in Edmonton and Fort Saskatchewan.

Key Points: 
  • Stonepeak Partners LP (together with its affiliates, Stonepeak), a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has entered into an agreement to acquire a 50 percent interest in KAPS, a Canadian natural gas liquids (NGL) pipeline system connecting Northwest Alberta to energy hubs in Edmonton and Fort Saskatchewan.
  • Keyera Corp. (TSX: KEY) will continue to own the remaining 50 percent of KAPS and operate the asset.
  • KAPS infrastructure is well-positioned to support decarbonization and global energy security goals by supporting the ongoing global displacement of coal by natural gas.
  • Goldman Sachs & Co. LLC, MUFG Bank Ltd., and Mizuho Securities USA LLC are serving as financial advisors to Stonepeak.

DigitalBridge and IFM Investors Complete $11 Billion Take-Private of Switch

Retrieved on: 
Tuesday, December 6, 2022
Finance, Data Management, Professional Services, Technology, Software, RBC Capital Markets, LLP, Security (finance), Infrastructure, Committee, Retirement, TD, Citizens Bank, Analysis, Partnership, MUFG Bank, Scotiabank, Morgan Stanley, Financial condition report, Conversation, Simpson Thacher & Bartlett, Annual report, Royal Bank of Canada, NYSE, Dechert, S.A, Latham & Watkins, Bank, Senior, Multimedia, Growth, Risk, Banco Santander, Result, TD Securities, Financial adviser

DigitalBridge Group, Inc. (NYSE: DBRG) (DigitalBridge) and IFM Investors today announced they have completed their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. (Switch) for $34.25 per share in cash, or approximately $11 billion, including the repayment of outstanding debt.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (DigitalBridge) and IFM Investors today announced they have completed their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. (Switch) for $34.25 per share in cash, or approximately $11 billion, including the repayment of outstanding debt.
  • With a shared vision for the future of communications infrastructure, Switch, IFM Investors and DigitalBridge are ideal partners, and together we will scale Switchs business domestically and internationally to meet the robust enterprise demand for mission-critical digital infrastructure.
  • Kyle Mangini, Global Head of Infrastructure at IFM Investors, said, IFM Investors is excited to join DigitalBridge to support Switch in its next phase of growth.
  • IFM Investors is a global investment management firm and one of the largest infrastructure investors in the world.

MUFG Announces Completion of the Sale of MUFG Union Bank to U.S. Bancorp

Retrieved on: 
Friday, December 2, 2022
Banking, Professional Services, Finance, Transfer, International finance, Capital market, MUFG, MUFG Union Bank, History, Sale, Union Bank, Public sector banks in India, USB, Union, Transaction banking, U.S. Bancorp, Morgan Stanley, Communication, Growth, Mitsubishi UFJ Financial Group, MUFG Bank, MUSA, Investment banking, Bolt-on acquisition, Security (finance), Bank

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.

Key Points: 
  • On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.
  • (Union Bank), MUFGs subsidiary owned through MUFG Americas Holdings Corporation (MUAH), to U.S. Bancorp (USB).
  • MUFG is pleased to announce that the Share Transfer was completed on December 1, 2022.
  • Before the closing of the Share Transfer, Union Bank declared and paid a special dividend of approximately $4.6 billion to its parent, MUAH.

AEON Credit Secures its Framework for Sustainability-Linked Loans, Strengthens and Advances its Sustainability Pledge

Retrieved on: 
Wednesday, November 30, 2022
AEON, Sumitomo Mitsui Banking Corporation, Environment, Bank of America Home Loans, Policy, Sustainable Development Policy Institute, Æon Group, Seemabaddha, Stock exchange, Loan, Motherboard, TSE, MUFG Bank, Bank, Online shopping

The Loans are the Group's first sustainable financing initiative and strengthens its commitment to endorsing and developing in the sustainability arena.

Key Points: 
  • The Loans are the Group's first sustainable financing initiative and strengthens its commitment to endorsing and developing in the sustainability arena.
  • Sustainability performance metrics have been set in accordance with AEON Credit's existing Sustainability Development Policy, and will be assessed on an annual basis by the external reviewer, the Hong Kong Quality Assurance Agency.
  • Mr. Tomoharu Fukayama, Managing Director of AEON Credit, said, "We are delighted to have arranged the Group's sustainability-linked loan framework for bank financing, which emphasizes our long-term commitment to the advancement of sustainable development.
  • Looking ahead, we will continue to proactively seek further opportunities to expand our sustainable financing portfolio and look forward to taking our stakeholders along on our sustainability journey."

Nok Nok and UberEther Partner to Deliver Phishing-Resistant MFA Fedramp-Certified IAM Solutions to Protect the US Federal Government and its Suppliers

Retrieved on: 
Tuesday, November 29, 2022
Online, Privacy, Fujitsu, Invention, SAN, American Federation of Government Employees, Government, Identity, Blog, Federation, Central Waqf Council, Organization, Verizon Communications, Standard Bank, Silicon, White House, BBVA, Certification, Partnership, Trust, Intelligence, U.S. Department of Defense Strategy for Operating in Cyberspace, MFA, CISA, IAM, Intelligence community, NTT, White House Conference on Aging, Federal, Joint Worldwide Intelligence Communications System, NTT DATA, Japan, FIDO Alliance, Defense, NTT DOCOMO, FedRAMP, T-Mobile, Hitachi, MUFG Bank, Cryptocurrency, FIDO, Intuit

SAN JOSE, Calif., Nov. 29, 2022 /PRNewswire-PRWeb/ -- Nok Nok, a leader in FIDO (Fast IDentity Online) authentication solutions and a founder of the FIDO Alliance, today announced it is partnering with UberEther, a leading provider of identity and access management solutions to the federal government. Together they will extend FedRAMP certification of UberEther's IAM Advantage platform with innovative cybersecurity capabilities requested by some of the world's highest-profile agencies and organizations.

Key Points: 
  • "Nok Nok is very honored to partner with UberEther to deliver trusted IAM solutions to the largest government agencies with built-in next-level MFA that meets the highest levels of security," said Nok Nok CEO Phillip Dunkelberger.
  • "At UberEther, we're extremely excited to be working with Nok Nok on this opportunity to bring phishing-resistant credentials to the federal government," said Matt Topper, President and CEO, UberEther.
  • Our established and dependable UberEther team delivers identity solutions for some of the most trusted government agencies and supplier networks.
  • The Nok Nok S3 Authentication Suite integrates into existing security environments to deliver proven, FIDO-enabled passwordless customer authentication.

If You Owned a U.S. Dollar LIBOR-Based Debt Security between August 1, 2007 and May 31, 2010, You May Be Eligible To Receive A Payment From Settlement Funds Totaling $1.749 Million

Retrieved on: 
Monday, November 28, 2022
Client First Settlement Funding, Debt, Bank, NOT, Credit Suisse, Claim, Norinchukin Bank, LIBOR, Courthouse, Lawyer, Defendant, Class, Court, Security, United States courts of appeals, Condition subsequent, CUSIP, District court, Virginia General District Court, Hearing, London Interbank Bid Rate, Bond (finance), MUFG Bank, Lease, Pharmaceutical industry

This class action was brought on behalf of holders of U.S. Dollar LIBOR-Based Debt Securities alleging price-fixing and manipulation of the London Interbank Offered Rate.

Key Points: 
  • This class action was brought on behalf of holders of U.S. Dollar LIBOR-Based Debt Securities alleging price-fixing and manipulation of the London Interbank Offered Rate.
  • Plaintiffs previously settled with seven other defendants for a total of $68.625 million (the "Initial Settlements").
  • The Court of Appeals upheld the District Court's dismissal of the Bondholder Action on the merits, ending the case as to the non-settling defendants.
  • Recovery for any new claims submitted in the Subsequent Settlements will be limited to the net settlement funds in the Subsequent Settlements.

MUFG Bank, Ltd. announces Consolidated Summary Report [under Japanese GAAP] for the six months ended September 30, 2022

Retrieved on: 
Monday, November 14, 2022
Banking, Professional Services, Finance, Mitsubishi, MUFG, GAAP, Consolidated, Full Disclosure (book), Mitsubishi UFJ Financial Group, MUFG Bank, Annual report, Disclosure, Magazine, Bank

(C) Average outstanding of total stocks:

Key Points: 
  • (C) Average outstanding of total stocks:
    Six months ended September 30, 2022
    Six months ended September 30, 2021
    *This Consolidated Summary Report (Quarterly Tanshin) is outside the scope of the external auditors interim audit procedure.
  • The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (Japanese GAAP).
  • Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the six months ended September 30, 2022.
  • Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd.

ATLAS RENEWABLE ENERGY'S LA PIMIENTA IS FULLY OPERATIONAL AND BECOMES MEXICO'S SECOND LARGEST SOLAR PLANT TO DATE

Retrieved on: 
Monday, November 21, 2022
Yucatán Peninsula, MUFG Bank, Heart, Environment, Woman, MEXICO, Social responsibility, Rehabilitation, CO2, Partnership, Sumitomo Mitsui Banking Corporation, Renewable energy, Atlas, Marketing, Public works, Female, Kilowatt-hour, National bank, CFE, IDB, Government, International financial institutions, SMBC, Banobras

MEXICO CITY, Nov. 21, 2022 /PRNewswire/ -- Atlas Renewable Energy, an international renewable energy generator, announces that its solar plant La Pimienta is fully operational. The plant, which is located in the state of Campeche, has a capacity of 300 MW making it the second largest solar plant in Mexico. The plant will supply energy to CFE under a 15-year contract to support the power needs of the Yucatan peninsula.

Key Points: 
  • Atlas Renewable Energy's La Pimienta Solar Plant is fully operational, making it the second largest solar plant in Mexico to date.
  • MEXICO CITY, Nov. 21, 2022 /PRNewswire/ --Atlas Renewable Energy, an international renewable energy generator, announces that its solar plant La Pimienta is fully operational.
  • The plant, which is located in the state of Campeche, has a capacity of 300 MW making it the second largest solar plant in Mexico.
  • Atlas Renewable Energy includes an experienced team with the longest track record in the renewable energy industry in Latin America.

ATLAS RENEWABLE ENERGY'S LA PIMIENTA IS FULLY OPERATIONAL AND BECOMES MEXICO'S SECOND LARGEST SOLAR PLANT TO DATE

Retrieved on: 
Monday, November 21, 2022
Yucatán Peninsula, MUFG Bank, Heart, Environment, Woman, MEXICO, Social responsibility, Rehabilitation, CO2, Partnership, Sumitomo Mitsui Banking Corporation, Renewable energy, Atlas, Marketing, Multimedia, Public works, Female, Kilowatt-hour, National bank, CFE, IDB, Government, International financial institutions, SMBC, Banobras

MEXICO CITY, Nov. 21, 2022 /PRNewswire/ -- Atlas Renewable Energy, an international renewable energy generator, announces that its solar plant La Pimienta is fully operational. The plant, which is located in the state of Campeche, has a capacity of 300 MW making it the second largest solar plant in Mexico. The plant will supply energy to CFE under a 15-year contract to support the power needs of the Yucatan peninsula.

Key Points: 
  • Atlas Renewable Energy's La Pimienta Solar Plant is fully operational, making it the second largest solar plant in Mexico to date.
  • MEXICO CITY, Nov. 21, 2022 /PRNewswire/ --Atlas Renewable Energy, an international renewable energy generator, announces that its solar plant La Pimienta is fully operational.
  • The plant, which is located in the state of Campeche, has a capacity of 300 MW making it the second largest solar plant in Mexico.
  • Atlas Renewable Energy includes an experienced team with the longest track record in the renewable energy industry in Latin America.

Behavox appoints Softbank Partner / Chief of Staff and Head of CEO office to Board of Directors

Retrieved on: 
Friday, November 11, 2022
Technology, Human Resources, Finance, Security, Fintech, Professional Services, Software, Data Management, Artificial Intelligence, Other Professional Services, CEO, SOC, Software, Bank, Board of directors, Importance, Board, Human, Technology, Head, SoftBank Group, Solution, Communication, Crime, Artificial intelligence, MUFG Bank, Partnership, Compliance, Management, Food industry, Mobile phone

Behavox , the security software company that specializes in communication surveillance, today announced the appointment of Sasaki-san , Partner / Chief of Staff and Head of CEO office at SoftBank Investment Advisers .

Key Points: 
  • Behavox , the security software company that specializes in communication surveillance, today announced the appointment of Sasaki-san , Partner / Chief of Staff and Head of CEO office at SoftBank Investment Advisers .
  • New board member Sasaki-san brings a wealth of experience in Japanese financial markets to Behavox.
  • Sasaki-san worked as Partner, Head of CEO Office at SoftBank since 2017, having first joined the organization in August of 2003 after almost 3 years at Bank of Tokyo-Mitsubishi.
  • Founded in 2014, Behavox is headquartered in Montreal and has offices in New York City, London, Seattle, Singapore, and Tokyo.