Moody's rates Mizuho Financial bonds A1

Moody's Investors Service said it assigned A1 ratings to dollar-denominated senior unsecured bonds issued by Mizuho Financial Group, Inc.

The outlook is stable.

The bonds are a takedown from the company's U.S. shelf registration, the agency noted.

The issue consists of $85 million senior unsecured floating-rate notes due March 5, 2023, $85 million senior unsecured fixed-rate notes due March 5, 2023 and $1.3 billion senior unsecured fixed-rate notes due March 5, 2028.

Mizuho is a systemically important Japanese financial group. Its ratings are driven by the consolidated financial strength of its main operating subsidiary banks, Mizuho Bank, Ltd. and Mizuho Trust & Banking Co., Ltd., Moody's said.

The two banks are collectively referred to as the Mizuho banks, the agency said.

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