New Issue- UnionBanCal Corp sells $900 mln notes

June 11 (Reuters) - UnionBanCal Corporation &
Union Bank, N.A. on Monday sold $900 million of
senior unsecured notes in two parts, said IFR, a Thomson Reuters
service.

Morgan Stanley, Bank of America Merrill Lynch, and
Mitsubishi were the joint bookrunning managers for the sale.

BORROWER: UNIONBANCAL

TRANCHE 1
AMT $500 MLN COUPON 2.125 PCT MATURITY 06/16/2017
TYPE SR NTS ISS PRICE 99.699 FIRST PAY 12/16/2012
MOODY'S A2 YIELD 2.189 PCT SETTLEMENT 06/18/2012
S&P A-PLUS SPREAD 150 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS NON-CALLABLE N/A

TRANCHE 2
AMT $400 MLN COUPON 3.5 PCT MATURITY 06/18/2022
TYPE SR NTS ISS PRICE 99.20 FIRST PAY 12/18/2012
MOODY'S A3 YIELD 3.596 PCT SETTLEMENT 06/18/2012
S&P SINGLE-A SPREAD 200 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 30 BPS