Mitsubishi UFJ Financial Group (MUFG) is actively seeking to expand its presence in the market for debt swaps. This follows its successful involvement in wrapping up a €400 million, or $465 million, deal for Ivory Coast in December.
Ankit Khandelwal, MUFG's head of Africa sovereigns, development finance institutions, and blended finance, stated that the bank is now engaging with several borrowers on similar structures. The December deal is expected to serve as a catalyst for more such transactions.
This strategic focus indicates MUFG's growing capabilities in complex financial instruments and its commitment to expanding its footprint in emerging markets, particularly across Africa. The bank anticipates a significant increase in these types of transactions going forward.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.