We advised the sole bookrunner and sole lead manager on the offering 

Davis Polk advised the sole bookrunner and sole lead manager in connection with Mizuho Financial Group’s SEC-registered takedown offering of senior notes, which consisted of $600 million aggregate principal amount of 4.438% senior callable fixed-to-fixed reset rate notes due 2032, $700 million aggregate principal amount of 5.050% senior callable fixed-to-fixed reset rate notes due 2037 and $500 million aggregate principal amount of senior callable floating-rate notes due 2032. The notes are structured to count as total loss-absorbing capacity (TLAC) under the Japanese TLAC regulations. The notes are listed on the Luxembourg Stock Exchange’s Euro MTF Market.

Mizuho Financial Group is a Japanese bank holding company that is the ultimate parent company of the Mizuho Group, one of the largest financial institution groups in the world.

The Davis Polk corporate team included partners Jon Gray and Christopher Kodama, counsel Chihiro Sasaki and associates Maarten van der Plas and Yoshi Kusama Sanders. Counsel Alon Gurfinkel and associates Kelli A. Rivers and Ya Sheng Lin provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.

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