TSL Express Daily News

Todd Bondy to run high-yield bond trading; Ryan Munro to take on syndicate and capital markets role for leveraged loans and high-yield bonds

Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of two managing directors for its leveraged finance platform: Todd Bondy will serve as Head of High-Yield Trading, and Ryan Munro will serve as Head of Leveraged Syndicate. Both will be based in New York and are scheduled to join the firm in April.

Mr. Bondy will report to Steven Feinberg, Head of Micro Trading and Co-Head of Flow Products. Mr. Munro will report to Brian Cogliandro, Head of Debt Syndicate for the Americas, and assume responsibility for the syndicate and capital-markets role for leveraged loans and high-yield bonds.

"Given MUFG's position as a leading lender on the global stage, it is a natural step for us to grow our footprint in the primary and secondary credit markets," says Mr. Feinberg. "We will continue expanding our leveraged-finance capabilities and believe they are a critical part of our growth strategy."  

Mr. Bondy joins MUFG from RBC Capital Markets, where he served as a Senior High-Yield Trader. Before then he served in senior high-yield trading roles at Goldman Sachs and PEAK6 Capital Management. Mr. Bondy also oversaw the telecom, media and technology trading group at Merrill Lynch.

Mr. Munro joins from Goldman Sachs, where he served a senior role in the firm's Leveraged Finance Capital Markets and Syndicate group. He previously held positions in leveraged and acquisition finance at UBS, Royal Bank of Scotland and JPMorgan. Mr. Munro earned a B.S. in business administration from Boston University.

"With multiple decades of capital-markets experience—in the leveraged-finance space in particular—Todd and Ryan round out our platform," says Raj Kapadia, International Head of Capital Markets. "Their addition is a cornerstone for MUFG in becoming a top corporate-banking debt house in the Americas across the credit spectrum through our full-lifecycle business model—from origination to distribution and secondary trading."

Messrs. Bondy and Munro are the latest in a succession of new additions to MUFG's leveraged-finance platform over the past year, including Tim Fischer, who joined in January 2020 as Head of U.S. Leveraged Finance Sales; Marc Lavine and Diane Wright, who were hired as Directors of Leveraged Finance Sales later that year; Mr. Feinberg, who joined in September 2020; and Mr. Kapadia, who started in January 2021.

MUFG is one of the world's largest financial institutions by assets, with approximately $3.3 trillion.1

About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations including MUFG Americas Holdings Corporation

The U.S. operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, has total assets of $339 billion at September 30, 2020. As part of that total, MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company, and intermediate holding company, has total assets of $164 billion at September 30, 2020. MUAH's main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides a wide range of financial services to consumers, small businesses, middle-market companies, and major corporations. As of September 30, 2020, MUFG Union Bank, N.A. operated 348 branches, consisting primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York, and Georgia. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, domestic and foreign debt and equities securities transactions, private placements, collateralized financings, and securities borrowing and lending transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada. Visit www.unionbank.com or www.mufgamericas.com for more information.

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with more than 360 years of history, MUFG has a global network with over 2,600 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.  The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.

Visit https://www.mufg.jp/english for more information.

1 As of September 30, 2020, at the exchange rate of USD=¥105.8

Press contact:

Assaf Kedem
T: 212-782-4926
E: akedem@us.mufg.jp