Fitch rates Mitsubishi UFJ Securities A/F1

Fitch Ratings said it assigned A/F1 issuer default ratings to Mitsubishi UFJ Securities (USA), Inc.

The outlook is stable. Mitsubishi UFJ Securities is a wholly owned indirect subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG).

Fitch considers Mitsubishi UFJ Securities to be a core subsidiary, due in part to its importance to MUFG's overall strategy, and thus the ratings are equalized and linked with the other core subsidiaries: Bank of Tokyo-Mitsubishi UFJ and MUFG Americas Holding Corp., at A/F1.

Mitsubishi UFJ Securities provides MUFG's U.S. and international customers access to U.S. capital markets through debt and equity capital raising, and market making.

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