Brief: MUFG - MUFG Bank, MUTB Established Debt Fund Framework For Japanese Institutional Investors To Participate In Providing Loans To Overseas Start-Up Companies
27/10/2023 03:26
Oct 27 (Reuters) - Mitsubishi UFJ Financial Group Inc
8306.T :
* MUFG - MUFG BANK, MUTB ESTABLISHED DEBT FUND FRAMEWORK FOR
JAPANESE INSTITUTIONAL INVESTORS TO PARTICIPATE IN PROVIDING
LOANS TO OVERSEAS START-UP COMPANIES
* MUFG - DAIDO LIFE INSURANCE, JOYO BANK, AND HACHIJUNI BANK
HAVE
DECIDED TO PARTICIPATE IN MARS NEXI FUND BASED ON THIS FRAMEWORK
* MUFG - IN ESTABLISHING THIS FRAMEWORK, MUFG BANK HAS
ENTERED
INTO COMPREHENSIVE INSURANCE UNDERWRITING FRAMEWORK AGREEMENT
WITH NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI)
Source text: https://www.mufg.jp/dam/pressrelease/2023/pdf/news-20231027-001_en.pdf
Further company coverage: 8306.T
(Reporting by Kantaro Komiya)
((Kantaro.Komiya@thomsonreuters.com;))