New York, February 14, 2022 – Mizuho Americas today announced that two deals in which it played a lead role have been awarded 2021 LatinFinance Deals of the Year awards including:
Structured Finance of the Year – Mizuho acted as Lead Arranger on Metro de Panama's $2 billion ECA covered notes issuance facility. The financing facilitated Line 3 of Panama Metro, the largest infrastructure project in Panama since the expansion of the canal. It will be Central America’s first monorail, electrically powered and accommodating 20,000 passengers per hour during peak hours.
Corporate Liability Management Deal of the Year – Mizuho acted as Joint Dealer Manager on the Petrobras Liability Management Program. The transaction targeted a series of USD notes maturing 2024-2050 in line with Petrobras’ strategic objective to significantly reduce gross leverage to under $60bn by 2022, which they were able to achieve ahead of schedule.
“It is gratifying to be recognized by LatinFinance for helping find innovative solutions for LatAm companies and projects,” said Mark Tuttle, Head of Latin America Banking and Capital Markets. “Facilitating dynamic capital financing that fuels growth and manages risk drives our team to look for new opportunities to support our core clients every day.”
The Deals of the Year Awards celebrate excellence in the capital markets of Latin America and the Caribbean as judged by the LatinFinance editorial team. Winners are determined according to size, complexity, innovative elements, market significance and execution of each transaction.
About Mizuho Americas
Mizuho Americas is a leading provider of a broad range of financial services, including investment and corporate banking, lending, custody, treasury services, research and capital markets solutions. With professionals across the U.S., Canada, and Latin America, Mizuho Americas supports corporate clients, institutional investors and public sector organizations by connecting local markets to a vast global network. To learn more about Mizuho Americas' business, values, and ethical commitments, and the entities it comprises, visit www.mizuhogroup.com/americas.
Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services through its subsidiaries. The group has approximately 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA and Asia. As of December 31, 2021, its total assets were approximately $2 trillion. Learn more about Mizuho Financial Group at www.mizuhogroup.com.
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Director, Media Relations, Mizuho Americas
Vice President, Media Relations, Mizuho Americas