To whom it may concern:
May 13, 2016
Company Name: Mizuho Financial Group, Inc. Representative: Yasuhiro Sato
President & CEO Head Office: 1-5-5 Otemachi
Chiyoda-ku, Tokyo Code Number: 8411 (TSE 1st Sec.)
Announcement Regarding Redemption of "Non-dilutive" Preferred SecuritiesMizuho Financial Group, Inc. (the "Company") hereby announces that the Company has decided to redeem in full preferred securities issued by its group's overseas special purpose subsidiaries as set forth below.
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Summary overview of Preferred Securities to be redeemed
Issuer
Mizuho Capital Investment (USD) 1 Limited
Mizuho Capital Investment (JPY) 1 Limited
Type of securities
U.S. Dollar-denominated Non-cumulative Perpetual
Preferred Securities
Japanese Yen denominated Non-cumulative Perpetual
Preferred Securities
Mandatory redemption date
None
None
Optional redemption
Optionally redeemable on the dividend payment date falling in June 2016 and on each dividend payment date falling at five-year
intervals thereafter
Optionally redeemable on the dividend payment date falling in June 2016 and on each dividend payment date falling at five-year
intervals thereafter
Dividends
Fixed dividend rate for the first 10 years and 3 months, and floating dividend rate on and after the dividend payment date
falling in June 2016
Fixed dividend rate for the first 9 years and 5 months, and floating dividend rate on and after the dividend payment date falling in
June 2016
Total amount issued
US$ 600 million
400 billion Japanese Yen
Issue date
March 13, 2006
January 12, 2007
Aggregate redemption amount
US$ 600 million
400 billion Japanese Yen
- Scheduled redemption date
June 30, 2016 (Thu)
This document is prepared in order to announce specific facts relating to the redemption of "non-dilutive" preferred securities and does not constitute an offer for sale or solicitation for investment or other similar activity in or outside of Japan.
Mizuho Financial Group Inc. published this content on 13 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 May 2016 05:17:03 UTC.
Original documenthttp://www.mizuho-fg.co.jp/english/release/pdf/20160513_3release_eng.pdf
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