Bank of New York Mellon acts as depositary bank for Mitsubishi UFJ Financial Group depositary receipt secondary offering.
Each MUFG DR (depositary receipts) represents one ordinary share. The DRs trade on the New York Stock Exchange under the symbol “MTU” and the ordinary shares trade on the Tokyo Stock Exchange under the code “8306.”
Mitsubishi UFJ Financial Group is comprised of five primary operating companies, including The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mitsubishi UFJ Trust and Banking Corporation, and Mitsubishi UFJ Securities Co., Ltd. The Group has a large overseas network with offices and subsidiaries, including Union Bank of California, in more than 40 countries. The company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and additional financial services.
“As MUFG’s longstanding depositary bank, we believe this DR capital raising is an excellent way to close out the year,” says Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon’s Depositary Receipt Division. “We look forward to continuing our partnership with MUFG and to meeting the needs of its DR holders.”
L.D.