JAPAN'S UFJ BANK UNDERWRITES PRIVATE BONDS WITH COVENANTS. (29-MAR-04) AsiaPulse News

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AccessMyLibrary Browse A AsiaPulse News MAR-04 JAPAN'S UFJ BANK UNDERWRITES PRIVATE BONDS WITH COVENANTS.

JAPAN'S UFJ BANK UNDERWRITES PRIVATE BONDS WITH COVENANTS.

Publication: AsiaPulse News

Publication Date: 29-MAR-04

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TOKYO, March 29 Asia Pulse - UFJ Holdings Inc. (TSE:8307) unit UFJ Bank has begun underwriting privately placed bonds with attached covenants, which allows companies to issue 10-year bonds.

Up to now, private bonds have typically matured in five years.

The UFJ Bank program is mainly for mid-sized companies,...

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