Mitsubishi UFJ New Corona Bond issue for small and medium-sized loans About 60 billion yen May 11 23:37
In order to increase loans to small and medium-sized enterprises that have a tight cash flow due to the spread of the new coronavirus, Mitsubishi UFJ Financial Group, a major financial group, has issued a special bond to raise funds from investors.
Financial institutions are required to support the cash flow of SMEs and sole proprietors whose sales have fallen sharply due to the effects of the new coronavirus.
For this reason, the Mitsubishi UFJ Financial Group has decided to issue a special bond to raise funds from investors in order to secure funds for financing companies affected by the spread of infection.
We will issue bonds called "Sustainability Bonds" that collect funds to solve social issues such as environmental problems and medical care and health, and increase loans to SMEs, medical institutions, pharmaceutical companies, etc. It is a policy.
Mitsubishi UFJ wants to issue bonds within the next month and raise about 60 billion yen from domestic and foreign investors.
In order to support companies affected by the spread of infection, there is a movement among financial institutions to set up special funds and lending facilities, and it is an issue to get the funds to the companies' hands quickly.