Deals 02/16/2022

Loop Capital Markets as co-manager on $1.9 billion senior callable fixed/floating rate reset bond offering for Mizuho Financial Group, Inc.

On February 16, 2022, Loop Capital Markets acted as a co-manager on a three-tranche $1.9 billion senior callable fixed/floating rate reset notes offering, with a Green bond tranche, for Mizuho Financial Group, Inc. The bonds are rated A1/A- across 4- and 8-year tranches.

Use of proceeds are earmarked to make a loan that is intended to qualify as Internal Total Loss-Absorbing Capacity (TLAC) under the Japanese TLAC standards to Mizuho Bank. Mizuho Bank will utilize such funds in connection with the Green bonds, to finance or refinance existing or new Eligible Green Projects.