Davis Polk advised the joint lead managers in connection with Rule 144A/Regulation S offerings by Mizuho Financial Group, Inc., which consisted of $1.75 billion aggregate principal amount of 2.632% senior notes due 2021, $1.75 billion aggregate principal amount of 3.477% senior notes due 2026 and $500 million aggregate principal amount of floating-rate senior notes due 2021. The notes are structured to count as total loss-absorbing capacity (TLAC) when TLAC regulations are implemented in Japan. The notes are listed on the Singapore Exchange Securities Trading Limited.

Mizuho Financial Group, Inc. is a Japanese bank holding company that is the ultimate parent company of the Mizuho Group, one of the largest financial institutions groups in the world.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher J. Kodama, senior transaction manager Chihiro Sasaki and associate Shinya Fujiwara. All members of the Davis Polk team are based in the Tokyo office. 

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