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.