TSE:8411Banks
Mizuho’s New Bonds and Buyback Program Might Change The Case For Investing In Mizuho Financial Group (TSE:8411)
Mizuho Financial Group has recently completed a series of large fixed-income offerings, including multiple US$-denominated floating and fixed-to-floating senior notes and ¥73.50 billion and ¥107.00 billion in subordinated unsecured notes due July 17, 2036.
At the same time, the group finished a ¥39,573.65 million share repurchase program and refreshed its board, moves that together reshape its capital structure, funding mix, and governance profile.
We’ll now examine how Mizuho’s recent wave...