Announcement Regarding Redemption of "Non–dilutive" Preferred Securities

May 15, 2019

Mizuho Financial Group, Inc. (the "Company") hereby announces that the Company has decided to redeem in full preferred securities issued by its overseas special purpose subsidiary as set forth below.

1. Summary overview of Preferred Securities to be redeemed

Issuer Mizuho Capital Investment (JPY) 3 Limited Mizuho Capital Investment (JPY) 3 Limited
Type of securities Japanese Yen denominated
Non–cumulative Perpetual Preferred Securities Series A
Japanese Yen denominated
Non–cumulative Perpetual Preferred Securities Series B
Mandatory redemption date None None
Optional redemption Optionally redeemable on the dividend payment date falling in June 2019 and on each dividend payment date thereafter Optionally redeemable on the dividend payment date falling in June 2019 and on each dividend payment date thereafter
Dividends Fixed dividend rate prior to the dividend payment date falling in June 2019, and floating dividend rate on and after such dividend payment date Fixed dividend rate prior to the dividend payment date falling in June 2019, and floating dividend rate on and after such dividend payment date
Total amount issued 249.5 billion Japanese Yen 53.5 billion Japanese Yen
Issue date July 11, 2008 July 11, 2008
Aggregate redemption amount 249.5 billion Japanese Yen 53.5 billion Japanese Yen

2. Scheduled redemption date

June 30, 2019 (Sun.)
(Payments of redemption amount are scheduled to be made on July 1, 2019 (Mon.).)

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.

 

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