Davis Polk advised the joint lead managers in connection with Mizuho Financial Group, Inc.’s SEC-registered takedown offering of senior notes, which consisted of $1.5 billion aggregate principal amount of 2.953% senior notes due 2022, $500 million aggregate principal amount of 3.663% senior notes due 2027 and $1.25 billion aggregate principal amount of floating-rate senior notes due 2022. The notes are structured to count as total loss-absorbing capacity (TLAC) when TLAC regulations are implemented in Japan. The notes are listed on the Singapore Exchange Securities Trading Limited.

Mizuho Financial Group, Inc. 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 partner Jon Gray, counsel Christopher J. Kodama, senior transaction manager Chihiro Sasaki and associates Mari Foster and Shinya Fujiwara. All members of the Davis Polk team are based in the Tokyo office. 

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