TOKYO -- Japanese megabank Mitsubishi UFJ Financial Group has decided to delay an issuance of yen-denominated additional tier 1 bonds planned for late April until at least mid-May, to sound out investor demand after Credit Suisse's AT1 bonds were wiped out as part of its rescue by UBS.
Bonds
MUFG delays AT1 bond issuance on post-Credit Suisse concerns
Investor demand in flux after Swiss bank's bonds were wiped out in takeover by UBS
The Japanese megabank had planned to bolster core capital with the issue. © Reuters
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