MUFG is looking to strengthen its partnership with BlackRock in funding and establish a framework to support M&A by Japanese companies through private credit.
Mitsubishi UFJ Financial Group has indicated that it plans to partner with major US asset manager BlackRock to provide funding for M&A by Japanese companies. Although details such as the specific structure and investment ratios have not been disclosed, the companies are reportedly considering a framework that would use private credit.
According to people familiar with the matter, the partnership is aimed at strengthening funding capacity in anticipation of large-scale transactions and could provide a new funding option to support M&A by domestic companies.