Fitch Ratings has given an F1 rating to two tranches of Mizuho Markets Cayman's senior guaranteed notes due 2025, both amounting to $50 million, according to a Wednesday release.
Mizuho Financial Group (TYO:8411) banking arm Mizuho Bank guarantees the $10 billion medium-term not program guaranteeing the notes.
The senior notes will constitute Mizuho Bank's direct, unconditional, and unsubordinated obligations.
The notes' rating is similar to the bank's short-term issuer default rating, with future actions on the latter triggering similar movements on the notes.
Price (JPY): $3531.00, Change: $+46, Percent Change: +1.32%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments