Nov. 12 at 6:56 PM
Shares of Mitsubishi UFJ Financial Group rose after the Japanese banking giant announced the successful closing of a
$750 million senior secured revolving credit facility for Willis Mitsui & Co. Engine Support Limited.
MUFG, one of the world’s ten largest financial groups, served as Structuring Agent, Administrative Agent, Joint Lead Arranger, and Joint Bookrunner for the transaction. The facility marks the first revolving credit line for Willis Mitsui & Co. Engine Support Limited, a joint venture between Willis Lease Finance Corporation and Mitsui & Co., Ltd.
The new credit line will primarily support the joint venture’s ongoing acquisition, leasing, and trading of aircraft engines. MUFG said the transaction represents a key milestone for its aviation finance franchise and underscores its growing footprint in the global aviation sector.
$MUFG $WLFC