Bank of Tokyo-Mitsubishi UFJ two domestic bonds get S&P investment status.

(ADPnews) - Jan 14, 2011 - S&P today attached its investment-grade rating of A+ to two series of unsecured straight bonds by Bank of Tokyo-Mitsubishi UFJ Ltd, part of Japanese financial conglomerate Mitsubishi UFJ Financial Group (TYO:8306), or MUFG.

The rating applies to JPY-20-billion (USD 241m/EUR 180m) 0.345% bonds due January 20, 2014 (series 120) and JPY-40-billion of debt maturing on January 20, 2016 and paying a coupon of 0.555% (series 121).

The rating speaks of "strong" debt-servicing ability, supported by the solid market presence of MUFG, its close relations with subsidiaries and tight oversight on the group's structure and capital.

The …