The Bank of Tokyo-BTMU Malaysia to set up Multi-Currency Sukuk Programme. Mitsubishi UFJ, Ltd. (BTMU) (President:
Nobuyuki Hirano) is pleased to announce that its subsidiary, Bank of Tokyo-Mitsubishi UFJ (Malaysia)
Berhad (BTMU Malaysia), has set up a USD500 million (or equivalent) multi-currency sukuk programme.
This is the first by a Japanese commercial bank.
Through this programme, BTMU Malaysia has obtained the mandate to raise funds in multi-currencies
including US Dollars, Malaysian Ringgit and Japanese Yen over 10 years. BTMU Malaysia envisages issuing
its first tranche of the sukuk at an appropriate timing in anticipation of strong global demand for sukuk
instruments. The funds raised through this sukuk programme will serve as funding sources for BTMU
Malaysia to keep pace with the increasing demand and its growing exposures to multi-currencies Shariah
Details of the BTMU Malaysia Sukuk Programme
Programme Amount : USD500 million (or equivalent)
Signing Date : June 5, 2014
Programme Tenor : 10 years
Programme Rating : AAA (bg) / Stable, on the Malaysian national scale
from RAM Rating Services Berhad
Guarantor : The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Joint Bookrunners, Joint Lead : CIMB Investment Bank Berhad, Mitsubishi UFJ Securities
Arrangers and Joint Lead Managers International Plc, Bank of Tokyo-Mitsubishi UFJ (Malaysia)
BTMU Malaysia’s Islamic banking business has progressed steadily over the past few years where it has taken
on a proactive role in providing Islamic financial services through its International Currency Business Unit,
since it obtained license from the central bank of Malaysia in 2008. BTMU Malaysia is the only Japanese
bank to have its own in-house Shariah Committee which is formed by a team of Shariah scholars who provide
Shariah compliance supervision and advisory on Islamic financial transactions.
This sukuk programme further underpins BTMU and BTMU Malaysia’s commitment to further contribute to
the development of Islamic finance and provide stronger support to customers’ demands for Islamic financial
services not only in Malaysia, but also in other Asian and Middle East countries.