Chiyoda, Tokyo

Restaurant Franchise Financing Rebounds to Pre-Pandemic Levels, MUFG Says

Retrieved on: 
Friday, December 4, 2020

NEW YORK, Dec. 4, 2020 /PRNewswire/ --Financing for restaurant franchise operators in the large and middle-tier segments has mostly bounced back to what it had been before the onset of the COVID-19 pandemic, according to Brian Geraghty, head of Restaurant Finance at Mitsubishi UFJ Financial Group ( MUFG ).

Key Points: 
  • NEW YORK, Dec. 4, 2020 /PRNewswire/ --Financing for restaurant franchise operators in the large and middle-tier segments has mostly bounced back to what it had been before the onset of the COVID-19 pandemic, according to Brian Geraghty, head of Restaurant Finance at Mitsubishi UFJ Financial Group ( MUFG ).
  • Restaurant lenders evaluate the RAL of their borrowers, many of which do not own their properties but rather lease them.
  • "Recent restaurant acquisitions in these market categories highlight the substantial amount of readily available capital for deployment," he says.
  • Mr. Geraghty also points to an upswing in the valuations and frequency at which franchise establishments are changing hands.

Capital Dynamics Achieves Financial Close on 383 Megawatt Eagle Shadow Mountain Solar Project

Retrieved on: 
Wednesday, December 2, 2020

This transaction represents the financial close for the Eagle Shadow Mountain project and builds on the initial collaboration with 8minute Solar Energy, which continues to oversee project development.

Key Points: 
  • This transaction represents the financial close for the Eagle Shadow Mountain project and builds on the initial collaboration with 8minute Solar Energy, which continues to oversee project development.
  • The project marks the Clean Energy Infrastructure Team's third transaction with the leading solar developer.
  • Project financing for Eagle Shadow Mountain comprised USD 327 million in credit facilities led by MUFG Union Bank, N.A.
  • "MUFG is very pleased to lead and successfully close the debt financing for Eagle Shadow Mountain," said Matt Curtin, Director at MUFG Union Bank, N.A.

Dream Link Entertainment Invests in Creative Labs, a World-Class Digital-First Consumer Product Studio, Co-Founded by Creative Artists Agency

Retrieved on: 
Tuesday, December 1, 2020

Creative Labs, a digital studio co-founded by leading entertainment and sports agency Creative Artists Agency (CAA), has secured a $5 million investment commitment from Dream Link Entertainment (DLE,TYO:3686), a subsidiary of Asahi Broadcasting Group Holdings Corporation.

Key Points: 
  • Creative Labs, a digital studio co-founded by leading entertainment and sports agency Creative Artists Agency (CAA), has secured a $5 million investment commitment from Dream Link Entertainment (DLE,TYO:3686), a subsidiary of Asahi Broadcasting Group Holdings Corporation.
  • This investment is the first close of a larger fundraise by Creative Labs to be completed over the next two quarters.
  • DLE has a renowned reputation in Japan for creating memorable and entertaining consumer experiences, said Leonard Brody, Co-Founder and Executive Chair of Creative Labs.
  • Launched in 2017, Creative Labs incubates and develops tech-enabled consumer products and companies backed by celebrity influence and intelligence.

AeroCentury Corp. Announces Update Regarding Loan Facility

Retrieved on: 
Friday, November 13, 2020

BURLINGAME, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the "Company"), an independent aircraft leasing company, released information relating to its indebtedness under its loan facility with MUFG Union Bank, N.A., as Agent.

Key Points: 
  • BURLINGAME, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the "Company"), an independent aircraft leasing company, released information relating to its indebtedness under its loan facility with MUFG Union Bank, N.A., as Agent.
  • The closing of this debt purchase transaction satisfied the requirement under the Loan Agreement for the Company to execute a strategic alternative ("Strategic Alternative") with respect to the MUFG Loan indebtedness satisfactory to the MUFG Lenders.
  • The Company and Drake are currently engaged in discussions regarding the satisfaction and discharge of the Loan Agreement indebtedness.
  • About AeroCentury: AeroCentury is an independent global aircraft operating lessor and finance company specializing in leasing regional jet and turboprop aircraft and related engines.

Sony Music Entertainment Celebrates Iconic Hits Of The 90's With New Podcast My 90s Playlist

Retrieved on: 
Tuesday, October 13, 2020

NEW YORK, Oct. 13, 2020 /PRNewswire/ --Sony Music Entertainment celebrates some of the biggest hits of the 90's with the premiere of My 90s Playlist, a new podcast exploring some of the decade's most iconic songs and groundbreaking artists.

Key Points: 
  • NEW YORK, Oct. 13, 2020 /PRNewswire/ --Sony Music Entertainment celebrates some of the biggest hits of the 90's with the premiere of My 90s Playlist, a new podcast exploring some of the decade's most iconic songs and groundbreaking artists.
  • Clayton and Ofori-Atta said, "So much of what's happening in the pop culture and music landscape today is influenced by the music of the 90s.
  • For more information on My 90s Playlist and all other Sony Podcast shows, follow @SonyPodcasts on Twitter and Instagram.
  • Sony Music Entertainment is a member of the Sony family of global companies.Learn more about our artists, creators, and labels here.

TANAKA Wins Award in Industry of FY2019 FCDIC Honoring System

Retrieved on: 
Thursday, September 10, 2020

TOKYO, Sept 10, 2020 - (ACN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) announced today that TANAKA Kikinzoku Kogyo K.K.

Key Points: 
  • TOKYO, Sept 10, 2020 - (ACN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) announced today that TANAKA Kikinzoku Kogyo K.K.
  • (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, has won the "Award in Industry" under the FY2019 FCDIC Honoring System, which is run by the Fuel Cell Development Information Center (FCDIC).
  • The award was given in recognition of the contribution TANAKA Kikinzoku Kogyo brought over the years to industries in the field of fuel cell catalysts.
  • Awards ceremony - Tomoyuki Tada, Executive Officer of TANAKA Kikinzoku Kogyo
    A certificate of commendation was presented at the "FY2019 FCDIC Honoring System Awards Ceremony" held on September 9th at Sola City Conference Center (Chiyoda-ku, Tokyo).

TANAKA Selected in Ministry of Economy, Trade, and Industry's 2020 Global Niche Top Companies

Retrieved on: 
Wednesday, August 5, 2020

TOKYO, Aug 5, 2020 - (ACN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) announced today that TANAKA Kikinzoku Kogyo K.K.

Key Points: 
  • TOKYO, Aug 5, 2020 - (ACN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) announced today that TANAKA Kikinzoku Kogyo K.K.
  • (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, has been selected and awarded by Japan's Ministry of Economy, Trade, and Industry (METI) as one of its "Global Niche Top Companies Selection 100" (GNT Companies Selection 100) and has just received the certification.
  • Companies selected in the GNT Companies Selection 100 are being recognized by METI for excelling in niche sectors of global markets or for being outstanding companies with businesses focused on parts or materials with increasing importance for supply chain in a changing international landscape.
  • On June 30, 2020, METI announced the selection of 113 companies for its 2020 GNT Companies Selection 100.

IBM and the University of Tokyo Unveil the Quantum Innovation Initiative Consortium to Accelerate Japan's Quantum Research and Development Leadership

Retrieved on: 
Thursday, July 30, 2020

TOKYO, July 30, 2020 /PRNewswire/ --Today, IBM (NYSE: IBM ) and the University of Tokyo unveiled a landmark collaboration with the launch of the Quantum Innovation Initiative Consortium (QIIC).

Key Points: 
  • TOKYO, July 30, 2020 /PRNewswire/ --Today, IBM (NYSE: IBM ) and the University of Tokyo unveiled a landmark collaboration with the launch of the Quantum Innovation Initiative Consortium (QIIC).
  • Expanding from the December 2019 JapanIBM Quantum Partnership initiative, QIIC, aims to accelerate the collaboration between industry, academia, and government to advance Japan's leadership in quantum science, business, and education.
  • Organizations in agreement to join the consortiuminclude Keio University, Toshiba, Hitachi, Mizuho,MUFG, JSR, DIC, Toyota, Mitsubishi Chemicals and IBM Japan.
  • As a leading research university, the University of Tokyo is conducting academic research in almost all fields at both undergraduate and graduate schools.

MUFG Builds Out Flow Products with Key Leadership Hires

Retrieved on: 
Monday, July 27, 2020

Both will be based in New York and report jointly to Atif Hayat, Global Head of Flow Products, and Bill Mansfield, Head of Global Markets for the Americas.

Key Points: 
  • Both will be based in New York and report jointly to Atif Hayat, Global Head of Flow Products, and Bill Mansfield, Head of Global Markets for the Americas.
  • "This leadership team will add market expertise and generate efficiencies across our Fixed Income product portfolio and enable us to more strategically and tactically support our clients."
  • "This investment strengthens our leadership team in the Americas region and adds new skills that will enhance our product offering to clients globally," said Atif Hayat, Global Head of Flow Products.
  • Mr. Nadel joins MUFG after spending a decade at Morgan Stanley where he most recently headed Americas Macro Trading.

MUFG Investor Services Selects Broadridge for Sophisticated Loan Tracking and Reporting Technology

Retrieved on: 
Monday, July 20, 2020

NEW YORK, July 20, 2020 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announces that MUFG Investor Services, an industry leader in administration, asset servicing, banking and fund financing, has selected Broadridge's Sentry loan tracking and reporting technology to service its clients in the private debt space.

Key Points: 
  • NEW YORK, July 20, 2020 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announces that MUFG Investor Services, an industry leader in administration, asset servicing, banking and fund financing, has selected Broadridge's Sentry loan tracking and reporting technology to service its clients in the private debt space.
  • This web-based system, which Broadridge added to its solution set with its acquisition of ClearStructure Financial technology, allows MUFG Investor Services to manage all aspects of its loan administration and service clients in a more efficient way.
  • "In working with the Sentry system, MUFG Investor Services will be better able to streamline its processes and address the current demands of private debt funds."
  • MUFG Investor Services currently provides administration services for over 2,100 funds across all investment strategies, asset types and fund structures.