MUFG has acted as sole coordinator on the London Stock Exchange Group (LSEG)'s new facility, arranged in advance of the recently announced acquisition of Citigroup's fixed income indices businesses, The Yield Book and Citi Fixed Income Indices.
The acquisition enables LSEG to enhance the data and analytics capabilities of its Information Services division and its FTSE Russell franchise.
The Facility is structured as a Multicurrency Revolving Facility allowing for flexibility on future longer-term funding plans (including supporting acquisitions).
Holly Villiers, Managing Director, Corporate Banking at MUFG, said:
"This acquisition is another significant strategic step for LSEG and MUFG was delighted to be appointed on this transaction, our third successive sole coordination role for LSEG, and to continue to support the group's strategic development."
Simon Atkinson, Group Treasurer at LSEG, said:
"MUFG has again managed the coordination of this new facility extremely smoothly and to desired timelines. We are delighted with the support we have received from our lending banks, including MUFG, in support of this well coordinated financing."
The acquisition is expected to close in the second half of 2017.